Summer is in full swing and this weekend we celebrate the 4th of July. As we watch fireworks explode in the night sky above us on Saturday, we can be thankful the 2015 Texas Legislative session is over. We can also celebrate a small victory for Texas wind: the death of Senator Troy Fraser’s Senate Bill (SB) 931.
Since 2011, 40 percent of all new energy generating capacity installed in Texas has come from wind, and the state installed more than a third of the nation’s new wind capacity last year. Texas also leads the nation with 17,000 wind industry jobs. Of the 12,700 megawatts (MW) under construction across the country, approximately 7,000 MW are in Texas. Moreover, Texas receives more than 10% of its electricity from wind, and that number keeps rising.
Despite these impressive figures, Sen. Fraser sponsored SB 931 to repeal Texas’ leadership-creating Renewable Portfolio Standard (RPS), which helped the Lone Star State become the number one wind state in the country. The RPS is an economic tool to drive renewables growth that has helped Texas secure $28 billion in private capital investment since 2008. Read More