Coal is dying, and even the president of the United States can’t change that.
A new report by Power Research Group and Wilkinson Barker Knauer finds that cheap natural gas, wind and solar make it impossible for merchant plants to recover invested capital, and threaten the basic operation of wholesale power markets.
The power company has bought the 180 MW Upton County Solar 2 project in West Texas, and signed a contract to have the project built.
The latest reports by ERCOT estimates that the state will add nearly 900 MW of utility-scale solar this year, as renewables continue to replace older fossil fuel plants.
The latest figures by the U.S. Department of Energy show the wide disparity in renewable energy deployment between the eastern and western grids.
Texas has been only a modest solar market to date, but that is changing fast. A boom started by municipal utilities and enabled by free transmission is expected to lead to a massive amount of utility-scale solar coming online over the next five years, and even more over the next decade.
GTM Research and the U.S. solar trade group forecast that Texas will install 4.6 GW of solar PV over the next five years, nearly all of which will be utility-scale.
Texas at scale: Texas has been only a modest solar market to date, but that is changing fast. A boom started by municipal utilities and enabled by free transmission is expected to lead to a massive amount of utility-scale solar coming online over the
next five years, and even more over the next decade.
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