Shift Key with Robinson Meyer and Jesse Jenkins How Texas Could Destroy Its Electricity Market
22 snips
Apr 30, 2025 AI Snips
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Texas Renewable Energy Growth
- Texas's wind capacity was built up early, but solar and battery storage have surged dramatically in recent years.
- By 2025, Texas boasts about 40 GW wind, 30 GW solar, and 11 GW storage, powering over 35% of its electricity from renewables.
Economic and Policy Backbone
- Texas's renewable momentum stems from early policy, like the renewable portfolio standard and transmission build-out.
- The energy-only market structure favors the lowest cost resources, supporting clean energy growth.
Beware Raising Energy Costs
- Opposing low-cost renewables will raise electricity bills for all consumers, harming Texas's economic growth.
- Legislators should consider the broader economic consequences before supporting costly anti-renewable bills.