Texas lawmakers introduced a sweeping new proposal Friday to establish a $2 billion fund aimed at accelerating the deployment of advanced nuclear reactors across the state.
H.B. 14 and S.B. 2060 outline a framework to provide financial support for nuclear projects, marking a significant step in Texas’ bid to become a national leader in next-generation nuclear power. It comes as the Lone Star State’s main grid operator is forecasting double-digit percentage increases in annual power demand over the next five years, driven primarily by new data center and manufacturing developments.
“By strengthening our nuclear capabilities, we not only secure dispatchable power for Texans but also spur cutting-edge research, attract substantial investment, and create new high-skilled jobs across the state,” said state Sen. Tan Parker (R), a bill sponsor. “This legislation will position Texas as a national leader in the nuclear renaissance and guarantee a prosperous energy future for generations to come.”
H.B. 14’s low-number assignment in the House indicates it’s a priority to Republican Speaker Dustin Burrows. Legislative sponsors also worked with the office of Gov. Greg Abbott, who has advocated for a nuclear push.
