Happy Friday!
In yesterday’s Blog, we hinted at
an update on the status of the legislation which was blogged on back in early May. Did anyone happen to read The Houston
Chronicle’s The 713 Morning Newsletter on September 1, 2025, they had an article
titled, “Major new Texas laws taking effect today”? In the article, it speaks on the new laws
which went into effect of September 1, 2025, and House Bill (HB) 14 was one of
them. House Bill 14 was signed into law
by Governor Abbott earlier this summer, and it created a new agency called
Texas Advanced Nuclear Energy Office (TANEO) which will be part of the state’s
executive office and its leadership will be appointed by the governor. The new agency will be in charge of $200
million and has the authority to distribute the funding like the Texas Energy
Fund offers funding to companies who are investing in natural gas power plants,
and the fund is called Texas Advanced Nuclear Development Fund. The new fund will be used to help innovating and
advanced nuclear technology come to Texas to help bring more power generation
to our grid! In the Nuclear Working Group’s
Report which was provided to the Governor suggested funding to attract nuclear
energy to Texas and a new agency for oversight on the budding industry (Please
see our blog in May for details). We
wish them luck getting this ambitious new agency off the ground and bring more
power to the grid! If you would like to
read more of the article from The Houston Chronicle, please click the
link: New Texas laws that take effect September 2025.
Please check out this article from The National Law Review it
helped fill in the gaps on details for nuclear energy in Texas; please click
the link: Texas Legislature Passes Three Nuclear Energy Bills
If you would like help in looking
into how to transport your product efficiently, safely, and with less of a
carbon footprint or just find out what is underneath your feet to help with
your emission reduction goals, contact us via email in the Blog and check out
our ESC website!
We hope you have a wonderful evening!
**Disclaimer: You may be charged a fee to read The
Houston Chronicle’s and The National Law Review's articles. **