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Notes -
There are two issues here:
first, ERCOT is perhaps the most liberal energy market in the world. Gov assistance can help to reduce barriers to nuclear investment, but it's still going to come down to largely private companies making the choices to build or not to build. However, as the below response says, Texas already has ideal conditions for more fossil fuels or more renewables. Unless the funding assistance is massive, it's hard to see much interest in new nuclear.
The one exception would be interest in co-location with a data centre. I can see Musk, with Tesla now in Texas, publicizing a carbon-neutral AI centre using nuclear power next door. But such deals are unlikely to transform the generation landscape of the state unless every data centre in the US moves to Texas.
Second, ERCOT's liberal attitudes led it to separate almost entirely from the rest of the US. There are almost no interconnections with other states, just a few tiny ones with SPP and Mexico. A lot of the red states surrounding Texas are still regulated, with vertical utilities that follow federal rules and/or have their own ISOs. So even if they succeeded, it won't necessarily provide a path for other states to follow.
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