New Texas rules require data centers to put money down when seeking grid access
Texas’ utility regulators are requiring new data center and other large industrial projects to pay up when asking to hook up to the state’s grid. The Public Utility Commission approved new rules aimed at weeding out speculative projects in an effort to get a better handle on how much energy demand is expected to grow. The rules require developers to provide a security deposit of $50,000 per megawatt of requested capacity before the state will even begin an interconnection study of the project’s…
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