S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Sempra Targets $7 Billion Texas Power Expansion

With the Electric Reliability Council of Texas greenlighting a new wave of infrastructure, Sempra is moving to bolster power capacity across the southern Dallas-Fort Worth corridor. The San Diego-based utility aims to meet surging regional demand through a massive, multi-year build-out of transmission lines and interconnection points.

Sempra Targets $7 Billion Texas Power Expansion

These developments follow a string of approvals issued in April, cementing a broader push to modernize the grid. Sempra’s latest projects are part of a larger capital commitment exceeding $7 billion, designed to integrate roughly 16 gigawatts of new electric load into the state system. The deployment schedule is set to roll out in phases, with completion dates staggered between 2026 and 2034.

ERCOT continues to refine its strategy for managing large-scale interconnections, shifting toward a systemic approach to address the state's rapid industrial and residential growth. By sequencing these high-capacity requests, the grid operator hopes to maintain stability while accommodating the significant influx of new energy demand identified across the Texas landscape.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!