Apr 9, 2021

Amazon warns Texas: Don’t pass bill that would drive up wind power costs

Posted by in categories: energy, finance, sustainability

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.

Bill would “directly assign” grid stability costs to renewable power providers.

Comments are closed.