Relating to the provision of loans and grants from the Texas energy fund for certain electric generating facilities.

HB 4887 creates new provisions in Texas law to provide loans and grants from the Texas Energy Fund for specific electric power facilities. It allows loans for upgrades to existing dispatchable power plants (like those using natural gas, coal, or nuclear) that increase capacity by at least 100 megawatts, or for new dispatchable plants with a minimum 100-megawatt capacity serving the ERCOT grid. The bill explicitly excludes electric energy storage facilities (like batteries) from eligibility for both loans and grants. These provisions take effect September 1, 2025, and aim to expand reliable power generation capacity within Texas' electricity grid.