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Vinson & Elkins LLP

Texas Supreme Court Clarifies Ownership of Salt Caverns

Vinson & Elkins LLP on

On May 16, 2025, the Texas Supreme Court issued a decision ruling that, absent specific contractual language, surface owners retain ownership of the caverns created by salt mining operations. The issue of ownership of salt...more

McGuireWoods LLP

Texas Bill Sets Goal for Power Plants to Increase Dispatchable Generation or Buy Credits

McGuireWoods LLP on

On March 24, 2025, the Texas Senate passed Senate Bill 388 setting a legislative goal that 50% of all new power plant capacity in the Electric Reliability Council of Texas (ERCOT) power region be sourced from “dispatchable...more

Vinson & Elkins LLP

The Texas Energy Fund Becomes Law. Now What?

Vinson & Elkins LLP on

On Tuesday, November 7, 2023, Texas voters approved Proposition 7, a constitutional amendment creating the Texas Energy Fund (“TEF”). The TEF will provide electric infrastructure grant and loan programs established by Senate...more

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