Open Circuit

A high-stakes energy showdown in Texas

21 snips
May 23, 2025
Doug Lewin, President of Stoic Energy Consulting and host of the Energy Capital Podcast, dives into Texas's dynamic electricity market. He reveals how the state is seeing a surge in clean energy sources like wind and solar, significantly lowering costs. Despite this progress, some lawmakers aim to impose restrictions on renewables, invoking a heated ideological battle. Lewin emphasizes that the shift towards clean energy is driven by economics, not ideology, and highlights the legislative challenges that could threaten Texas's energy future.
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INSIGHT

Texas Renewable Energy Boom

  • Texas leads the US with its massive renewable capacity, adding 40 GW recently.
  • Its energy-only market drives costs down by letting the cheapest sources win, not ideology.
INSIGHT

Solar Paired With Batteries Essential

  • Texas market now pairs solar with batteries due to midday negative pricing.
  • Batteries provide vital capacity as solar supply saturates the daytime grid demand.
INSIGHT

Distributed Batteries Empower Consumers

  • Distributed batteries and virtual power plants empower customers as resources.
  • Competitive retail market incentivizes providers to innovate and offer these solutions.
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