Texas Governor Says State Power Supply Needs to Grow 10% to 15%

Texas Governor Greg Abbott said his state will need to grow its power supply capacity by as much as 15% annually to keep up with rising demand from homes and businesses.

“For every business relocating here, there is an increased demand from our power grid,” Abbott, a Republican, said at the NAPE Summit energy conference in Houston on Wednesday. “We need to be prepared to increase our power supply capability by 10-15% per year.”

The second-most populous state has been working to shore up its electricity grid ever since a 2021 winter storm triggered widespread blackouts that left the state ...