The Word in Law
The Word in Law is a show, similar to The Word in Tech, that distills the latest trends in legal events into a word and then discusses those events.
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Amazon warns Texas: Don’t pass bill that would drive up wind power costs
Amazon warns Texas: Don’t pass bill that would drive up wind power costs
updated 2 weeks ago 1 Member · 1
Post Enlarge (credit: Matthew Staver/Bloomberg via Getty Images)
Fallout from Texas’ statewide power outages in February continues to spread. Today, the Texas House of Representatives is scheduled to debate a bill that would require power producers to bear the costs of services that help keep the electrical grid stable.
If the bill passes, it would “unfairly shift the cost of ancillary electric services exclusively onto renewable generators rather than all the beneficiaries,” according to a letter written by the Partnership for Renewable Energy Finance (PREF), an industry group, and signed by Amazon, Berkshire Hathaway Energy, Goldman Sachs, and a number of other firms.
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