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The 86th Texas Legislative session ended on Monday, May 27th and, after 7,541 bills being filed and 1,434 bills being sent to the Governor, there weren’t any that advanced that were adverse to TMRA member companies. Governor Gregg Abbott, Lt. Governor Dan Patrick, and Speaker of the House Dennis Bonnen (R-Angleton) for the majority of the session seemed in speak in unison on the needs of the state. This session the chambers’ focused on property tax reform, school finance reform, Hurricane Harvey relief assistance, and taking care of the "core" issues of the state.
TMRA once again hosted our Sine Die Party on May 27 as our TexLeg Session ended. The event, held at The Long Center overlooking Lady Bird Lake, was fun for all, with more than 950 attending. Even the weather was just what we needed for this outdoor event. Many thanks to ALL our sponsors, including our three co-hosts: Chevron, Engineering Resources and Russell & Sons. Without these three and many more sponsors, including a number of TMRA Members, an event like this would just not be possible. A great time was had as attendees danced away to entertainment that included LC Rocks and the always great Spazmatics. Many thanks to Krissy Lilljedahl and Cathy Pierce for coordinating this very involved effort and our Government Affairs Committee for stepping up with the work of "encouraging" sponsorships. Click below to view pictures from the event!
Our TMRA Social Media and eNewsletter outlets are a great opportunity to highlight YOUR Good News! Please think about TMRA whenever you and/or your company are celebrating a business milestone, award, anniversary, new business or equipment/technology innovation. Send PHOTOS and a short write up our way, making sure to show the names of those in the photo and other pertinent information. This is just another opportunity to participate WITH TMRA! (Click below to learn more!)
Industry News
When Three Mile Island officially shuts down in September, it will mark the end of a noteworthy history — the one where a partial meltdown of the reactor’s core occurred in 1979, which then set in motion a long debate over nuclear energy’s future. Now, though, it is about more than Three Mile Island. It is about the fate of nuclear energy in a carbon-conscious world.
A new report, produced by the National Coal Council at the request of the U.S. Secretary of Energy, states that advancing new markets for coal can enhance U.S. national defense security, bolster the nation's energy and mineral security, enhance the nation's environmental objectives and contribute to America's economic security.
The Texas retail electricity market just shrunk again with the announcement that NRG Energy, the Houston- and New Jersey-based power company, is buying the retail power and natural gas business of Dallas-based Stream Energy in a $300 million all-cash deal.
America’s Power, in conjunction with the Institute for Energy Research (IER), has released a study that analyzes and compares the levelized cost of electricity (LCOE) for new and existing sources of electricity. The levelized cost of electricity (LCOE) includes all of the costs (variable and fixed operating and maintenance expenses, capital investments and financing costs) of an electricity source over its lifetime and is a useful way to compare existing power plants to new facilities. The new analysis finds that, on average, the levelized cost of electricity from the coal fleet is less than the levelized cost of new natural gas combined cycle (NGCC), new wind and new solar.
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Regulatory Update
The Trump administration released an updated agenda of pending regulations and upcoming regulatory rollbacks. The agenda provides projected dates on agency priorities for the coming year, but does not include all expected actions. The deadlines listed are dependent on a number of factors and rules, which could cause the actions to be delayed.
Safety
International technology firm IBM has teamed up with a number of companies, using its Maximo Worker Insights platform to help in the collection of safety data, and ensuring risk-free operations. JP Casey finds out how data fed back to supervisors and safety officials can keep workers out of dangerous environments.
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