Source: Earth Techling
As we highlighted a few weeks back, Texas is on a new path to accelerating its clean, renewable energy economy. The opening of the Competitive Renewable Energy Zones (CREZ) now enables more West and Panhandle wind turbines to fuel the state’s major metropolises, and the completion of the project couldn’t come soon enough.
A number of companies are looking to grow and invest in Texas, thanks to its plentiful, clean wind power. Google, Microsoft and BBVA Compass are leading the charge and signing long-term agreements to purchase Texas wind energy. These contracts lock in considerable revenue for the state and guarantee Texas’ ranking as the number one wind-producing state in the nation. In fact, West Texas wind has outpaced the growth of coal, natural gas and all other fuel sources that supply the grid, according to a recent report by the U.S. Energy Information Administration.
In September, Google added to its growing stock of renewable energy by purchasing the entire output of a 240-megawatt wind farm (enough energy to power 84,000 homes) outside Amarillo to power its Oklahoma data center. Late in November, Microsoft signed a 20-year contract to purchase all of the energy from a 110-megawatt wind farm outside Fort Worth to power its San Antonio data center. And BBVA Compass recently signed a 10-year agreement with Choice! Energy Services, a Houston-based retail energy broker, to power its Texas branches exclusively with wind and solar energy. Read More
Last weekend, The Texas Tribune, a nonpartisan, nonprofit media publication that covers public policy, politics, environmental issues and other statewide matters, hosted its annual Texas Tribune Festival. As always, the festival did an amazing job of bringing folks together from around the state to discuss the most important policy issues of the year. I was lucky enough to participate on a panel titled “After West” as part of the environmental track. The panel was dedicated to lessons learned after this year’s terrible tragedy in West, Texas that took the lives of 15 people and devastated a small town.
Other participants on the panel included: Chris Connealy, Texas State Fire Marshall; Tim Herrman, State Chemist of Texas Tommy Muska, Mayor of West; Kyle Kacal, State Representative; and Alana Rocha, reporter, The Texas Tribune (panel moderator) Read More
This commentary, authored by John Finnigan, originally appeared on EDF's Energy Exchange blog.
Source: ENR New York
The Wall Street Journal recently reported that electricity prices in West Texas skyrocketed over 20% this year. West Texas is home to the Permian basin, one of the world’s largest oilfields, and energy producers use hydraulic fracturing, or “fracking,” here to unlock vast new oil and gas supplies. The increased drilling, oil refining and natural gas processing uses large amounts of electricity.
Cheaper electricity supplies are available, but cannot be delivered to West Texas due to transmission bottlenecks, or “congestion.” The only power that can be delivered is from older coal plants. This leads to transmission “congestion” charges (i.e., higher energy supply costs caused by the transmission bottlenecks), which commercial and industrial consumers must pay as a surcharge on their monthly electricity bills. Using these older coal plants leads to more pollution as well because these plants burn fuel less efficiently and have higher levels of toxic air emissions.
The typical solution is to build new transmission lines to access cheaper electricity supplies. But a better and cheaper approach is to pay consumers for voluntarily reducing their electricity usage when energy supplies are tight. Known as “demand response,” this solution: