Gov. Greg Abbott has signaled strong support for the technology after signing off on recommendations that included a $5 billion fund to develop nuclear power in Texas.
Nuclear power is federally regulated. Nuclear power could always be private, and government entities could own them too.
One example is municipalities having a stake in nuclear energy: Nuclear power is obtained for our customers via the South Texas Project (STP) located in Bay City, Texas. CPS Energy owns a 40 percent stake in STP (NRG Energy of Texas owns 44 percent, while Austin Energy owns 16 percent). STP units 1 and 2 generate 1,029 megawatts of power for our customers.
Nuclear power is federally regulated. Nuclear power could always be private, and government entities could own them too.
One example is municipalities having a stake in nuclear energy: Nuclear power is obtained for our customers via the South Texas Project (STP) located in Bay City, Texas. CPS Energy owns a 40 percent stake in STP (NRG Energy of Texas owns 44 percent, while Austin Energy owns 16 percent). STP units 1 and 2 generate 1,029 megawatts of power for our customers.