Texas
New Gas Storage Facility Arrives Just In Time For The Texas Grid
HOUSTON, TEXAS – DECEMBER 14: Pablo Vegas, president and CEO of ERCOT, left, Texas Governor Greg … [+]
As a major sub-freezing arctic weather system makes its way down to Texas in the coming days, concerns are rising again about the ability of the state’s power grid, managed by the Electric Reliability Council of Texas (ERCOT), and natural gas delivery systems to handle the load. But with many citizens worried about the ability of ERCOT to avoid blackouts as forecasts predict the entire state to see sub-freezing temperatures for several days next week, CEO Pablo Vegas said generation capacity won’t be a problem.
“The power is not going to go out because we don’t have enough supply to meet demand for this week. We’ve got plenty of power for the demand and for the cold weather that’s coming. So, the grid’s gonna be running stably,” Vegas told Dallas/Fort Worth ABC affiliate WFAA Tuesday.
While local service interruptions such as downed power lines are always a possibility during major weather events, Vegas’s high level of confidence stems from grid reforms implemented in the wake of 2021’s deadly Winter Storm Uri, and from the large amount of generation capacity that has been added to the grid since that time.
New Gas Storage Arrives Just In Time
Most of that added capacity is intermittent, weather dependent solar power, a small percentage of which is backed up with stationary batteries, which will help keep homes heated during daylight hours. But additional natural gas baseload generation has also come online in recent years, and weatherization and other improvements mandated by the legislature and regulators should serve to prevent the kinds of system freeze-ups that took place during Uri.
For the first time in several years, a major new greenfield natural gas storage facility is also coming online in Texas, just in time to help provide stability and flexibility to the gas distribution system for the coming storm. On Thursday, Trinity Gas Storage announced commencement of operations at its 24 bcf (billion cubic feet) storage unit located near Carthage in East Texas, about 160 miles southeast of Dallas.
Because it is connected into an array of gas transmission lines and local distribution networks, the Trinity facility is able to help manage storage and direct gas flows not just into the Dallas/Fort Worth Metroplex and East Texas, but also to markets and power plants in and around Houston and Austin.
In an interview on Wednesday, I asked Trinity Gas Storage CEO Jim Goetz about the reasons why gas storage capacity has lagged the rapid growth of gas demand and pipeline capacity in Texas. “I think it boils down to two factors,” he says, “First, there’s the geological kind of requirements that have to be met. It’s not like we can just say, hey, this is a good spot for storage. You need either a depleted reservoir or a salt dome that’s conducive for the task.”
The second factor Goetz mentions is one that has been a common theme for oil and gas-related projects in recent years: A lack of access to capital in a world that for several years became dominated by the ESG philosophy. “That ESG movement drove folks, particularly the capital providers, away from hydrocarbon activity,” Goetz says, adding that things have changed over the past year. The result is that five private equity groups, with Transition Equity Partners, LLC in the lead sponsor role, are backing the project.
Complaints and horror stories about permitting delays have permeated the U.S. energy space in recent years, but such delays are not a part of the story for this specific facility. Trinity was able to get the project fully permitted very quickly, in large part because it was not required to deal with the federal government. Goetz speaks highly of the Texas Railroad Commission, whose employees worked diligently to ensure timely processing of the permits once all requirements and notifications were met.
“We operate under Rule 96 under the Texas Railroad Commission,” Goetz says. “From the time we submitted our application through full approval took around five months. We had full blown disclosures to all the relevant parties. There was no shortcutting of the principled things that must be done to make sure that all the affected parties are noticed and have the ability to weigh in. But you still can get it done in a very timely fashion.”
Plans for Future Gas Storage Expansion
Goetz says Trinity is already working on plans for future expansion. Noting that the underground formation being accessed is capable of holding and managing up to 50 bcf of gas, Goetz says he didn’t feel comfortable trying to raise the capital for a project that size given past market conditions, a factor he now says is “ironic” with the benefit of hindsight.
But the conditions have obviously changed now, resulting in the happy fact that, “we now have oversupply. We have more interested customers than we do have capacity to serve them. So, we’ve already laid out plans for phase two.”
Since 2010, data compiled by the U.S. Energy Information Administration shows that natural gas demand has risen by 60% and gas pipeline capacity has grown by about 30% during the same period. By comparison, storage capacity grew by just 8%.
Big energy data and analytics firm Enverus Intelligence Research recently projected that the U.S. is about to experience a significant boom in the construction of new natural gas power plants to meet rapidly rising power demand. This means a corresponding expansion of gas storage capacity will also need to take place, not just in Texas, but across the country. The business case for doubling capacity at the Trinity facility seems obvious.
The Bottom Line
The story of American energy growth has always been a story built in large part just in time delivery, and this is a good example. With capital markets now following the industry trend of the last two years of re-prioritizing energy security requirements over virtue signaling about ESG, it appears that market conditions are realigning just in time to help facilitate that expansion. Readers can expect to see more stories like this one about Trinity Gas Storage in the months and years to come.
“Radical Islamist terrorist groups are anti-American, and the infiltration of these dangerous individuals into Texas must be stopped,” said Texas A-G regarding terrorist org. CAIR.
Air traffic controllers lost communication for about 10 minutes with a small Mexican Navy plane carrying a young medical patient and seven others before it crashed off the Texas coast, killing at least five people, Mexico’s president said Tuesday.
Authorities initially believed the plane had landed safely at its destination in Galveston, near Houston, before learning it had gone down Monday afternoon, Mexican President Claudia Sheinbaum said. The cause of the crash remains under investigation. A search-and-resuce operation in waters near Galveston pulled two survivors from the plane’s wreckage, Mexico’s Navy said, while one remained missing.
Four of the eight people aboard were Navy officers and four were civilians, including a child, Mexico’s Navy said. Two of the passengers were affiliated with a nonprofit that helps transport Mexican children with severe burns to a hospital in Galveston.
“My condolences to the families of the sailors who unfortunately died in this accident and to the people who were traveling on board,” Sheinbaum said in her morning press briefing, without elaborating on a possible cause. “What happened is very tragic.”
U.S. Coast Guard Petty Officer Luke Baker said at least five aboard had died but did not identify which passengers.
The plane crashed Monday afternoon in a bay near the base of the causeway connecting Galveston Island to the mainland. Emergency responders rushed to the scene near the popular beach destination about 50 miles (80 kilometers) southeast of Houston.
Sky Decker, a professional yacht captain who lives about a mile (1.6 kilometers) from the crash site, said he jumped in his boat to see if he could help. He picked up two police officers who guided him through thick fog to a nearly submerged plane. Decker jumped into the water and found a badly injured woman trapped beneath chairs and other debris.
“I couldn’t believe. She had maybe 3 inches of air gap to breathe in,” he said. “And there was jet fuel in there mixed with the water, fumes real bad. She was really fighting for her life.”
He said he also pulled out a man seated in front of her who had already died. Both were wearing civilian clothes.
It’s not immediately clear if weather was a factor. The area has been experiencing foggy conditions over the past few days, according to Cameron Batiste, a National Weather Service meteorologist. He said that at about 2:30 p.m. Monday a fog came in that had about a half-mile visibility.
Mexico’s Navy said the plane was helping with a medical mission in coordination with the Michou and Mau Foundation. In a social media post, the foundation said: “We express our deepest solidarity with the families in light of these events. We share their grief with respect and compassion, honoring their memory and reaffirming our commitment to providing humane, sensitive, and dignified care to children with burns.”
Teams from the Federal Aviation Administration and National Transportation Safety Board were at the crash site Monday, the Texas Department of Public Safety said, and a spokesperson for the NTSB said the agency was gathering information about the crash. The Galveston County Sheriff’s Office said officials from its dive team, crime scene unit, drone unit and patrol responded the crash.
A small Mexican Navy plane transporting a 1-year-old medical patient along with seven others crashed Monday near Galveston, killing at least two people, officials said.
Emergency officials rescued four people and were searching for two that were inside the aircraft, Mexico’s Navy said in a statement to The Associated Press. Four of the people aboard were Navy officers and four were civilians, according to the Navy. It was not immediately clear which ones were missing and which had been killed.
Two of the people aboard were members from the Michou and Mau Foundation, which is a nonprofit that provides aid to Mexican children who have suffered severe burns.
The crash took place Monday near the base of a causeway near Galveston, along the Texas coast about 50 miles southeast of Houston.
Mexico’s Navy said in a statement that the plane was helping with a medical mission and had an “accident.” It promised to investigate the cause of the crash.
The Navy is helping local authorities with the search and rescue operation, it said in a post on the social media platform X.
Teams from the Federal Aviation Administration and National Transportation Safety Board have arrived at the scene of the crash, the Texas Department of Public Safety said on X.
The Galveston County Sheriff’s Office said officials from its dive team, crime scene unit, drone unit and patrol were responding to the crash.
“The incident remains under investigation, and additional information will be released as it becomes available,” the sheriff’s office said in a post on Facebook, adding that the public should avoid the area so emergency responders can work safely.
Galveston is an island that is a popular beach destination.
It’s not immediately clear if weather was a factor. However, the area has been experiencing foggy conditions over the past few days, according to Cameron Batiste, a National Weather Service meteorologist.
He said that at about 2:30 p.m. Monday a fog came in that had about a half-mile visibility. The foggy conditions are expected to persist through Tuesday morning.
Boston, MA7 minutes ago
Bruins Close Homestand with 6-2 Loss to Canadiens | Boston Bruins
Denver, CO13 minutes ago
16th Street sees more foot traffic just in time for last minute holiday shopping
Seattle, WA19 minutes ago
Hannah Murphy makes 37 saves as Seattle Torrent beat Victoire 2-1
San Diego, CA25 minutes ago
Sex trafficking sting in San Diego County leads to 10 arrests, 19 victims found
Milwaukee, WI31 minutes ago
16 music and theater performances to see in Milwaukee in January 2026
Florida1 year ago
Florida High School Football Rankings: Top 25 teams – Oct. 21
Connecticut2 years ago
Cleary's 21 help Le Moyne down Central Connecticut State 69-64 in OT
Oregon2 years ago
How old is Bo Nix? What to know about Oregon quarterback ahead of 2024 NFL Draft
Virginia1 year ago
99th annual Pony Swim held in Virginia
Education2 years ago
Video: ‘It Didn’t Have to Happen This Way:’ U.Va. Faculty Call for Review of Police Response to Protests
News7 hours ago
A 3-D Look Inside Trump’s Revamped Oval Office
Politics8 hours ago
Trump admin sues Illinois Gov. Pritzker over laws shielding migrants from courthouse arrests
World9 hours ago
Europeans show solidarity with Denmark after Trump’s Greenland threat
News10 hours ago
Explosion at a Pennsylvania nursing home kills at least 2, governor says
Videos18 hours ago
What does Christmas look like for Ukraine? | Global News Podcast
-
Iowa1 week agoAddy Brown motivated to step up in Audi Crooks’ absence vs. UNI
-
Maine1 week agoElementary-aged student killed in school bus crash in southern Maine
-
Maryland1 week agoFrigid temperatures to start the week in Maryland
-
New Mexico1 week agoFamily clarifies why they believe missing New Mexico man is dead
-
South Dakota1 week agoNature: Snow in South Dakota
-
Detroit, MI1 week ago‘Love being a pedo’: Metro Detroit doctor, attorney, therapist accused in web of child porn chats
-
Health1 week ago‘Aggressive’ new flu variant sweeps globe as doctors warn of severe symptoms
-
Maine1 week agoFamily in Maine host food pantry for deer | Hand Off