From the oilfields of the 1901 Spindletop strike to today’s growing wind farms of the west Texas plains, energy has played a key role in the development and prosperity of Texas and Texans alike.
Through incentive and innovation, Texas has successfully diversified its energy portfolio, exploring all energy options from solar and wind to natural gas, nuclear and clean coal. Led by the ingenuity, vision and boldness of Texas entrepreneurs and state support of promising technology, Texas is pointing the way toward energy independence for our nation.
» Governor Perry has made diversifying the energy mix of Texas’ electricity market one of his major priorities, helping to lower electricity prices. In 2012, Texas relied on a variety of fuel sources to meet the growing demand for electricity, including 34 percent of energy produced coming from coal, 45 percent from natural gas, 12 percent from nuclear, 9 percent from wind, and 0.5 percent from other sources such as hydro, biomass, landfill gas, and solar.
» In 2007, Governor Perry signed comprehensive energy efficiency legislation, House Bill 3693, into law. This legislation created incentives to reduce energy costs through investing in energy efficiency technologies. As a result, Texans reduced electric consumption in 2009 alone in this state by 506,000 megawatt hours. In 2011, he signed SB SB 1125 increasing the energy efficiency goals, including cost caps for those programs to ensure the costs remain reasonable for customers, and allowing consumers to participate in the generation market through demand-management.
» In 2011, Governor Perry signed House Bill 3328, the first of its kind in the nation, requiring oil and gas companies to disclose chemicals used in the hydraulic fracturing process. The bill furthers a commitment to ensuring safe energy production in Texas by providing citizens with needed information to better understand this industry practice. HB 3328 illustrates that Texas can lead the nation in oil and gas production while increasing transparency in the process.
» Governor Perry has stood up against federal energy policies like the offshore drilling moratoria and cap and trade that would make oil, gas, and electricity dramatically more expensive.
News & Announcements
Thursday, December 30, 2010 Austin, Texas Press Release
Gov. Perry Announces Two University Research Superiority Grants and TETF Investments In Four Companies
Gov. Rick Perry has announced two research superiority grants to Texas universities and investments in four companies through the Texas Emerging Technology Fund (TETF) for the development and commercialization of their innovative technologies.
Wednesday, December 08, 2010 Austin, Texas Press Release
Gov. Perry Announces TEF Investment Bringing More Than 150 Jobs to Conroe
Gov. Rick Perry today announced an $865,000 investment through the Texas Enterprise Fund (TEF) in Jyoti Americas, which will create a state of the art U.S. manufacturing facility for high voltage transmission lines in Conroe. This investment, which will create 157 jobs and generate an estimated $34 million in capital investment, is conditioned upon the finalization of a local incentive agreement with the City of Conroe.
Tuesday, November 23, 2010 Austin, Texas Press Release
Gov. Perry Announces TEF Investment Bringing 450 Jobs to Austin
Gov. Rick Perry today announced a $2.5 million investment through the Texas Enterprise Fund (TEF) in SunPower Corp., which will create a new U.S. operations center in Austin. This investment, which will create 450 jobs and generate an estimated $10 million in capital investment, is conditioned upon the finalization of a local incentive agreement with the City of Austin.
Tuesday, October 05, 2010 Austin, Texas Press Release
Gov. Perry Speaks at Clean Carbon Policy Summit
Wednesday, September 01, 2010 Nederland, Texas Press Release
Gov. Perry: Energy Industry Helps Our Economy Lead the Nation
Gov. Rick Perry today met with plant managers from the Baytown area at the Southeast Texas Plant Managers Forum to discuss Texas’ economy and the role of the state’s petrochemical industry in fueling the nation.