Oncor Electric Delivery, owner of the largest power-line network in Texas, wants to spend more than $2 billion on batteries to solve the problem of fluctuating output from wind and solar.
The company is asking state legislators to change a law that prevents it from owning power plants before it invests in battery storage. It will then propose a spending plan to regulators “within months,” Chris Schein, a spokesman for Dallas-based Oncor, said in a phone interview today.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.