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Texas Solar: A ‘Default’ Generation Resource

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Texas is fast becoming the national leader in renewable energy power generation.
. . . The Lone Star state is the nation’s leader in wind, with more than
. . . 12 Gigawatts (GW) of wind power already on their power grid.
. . . And with this resolution, the state is now poised to lead the nation in solar.  

The Austin City Council proposed and approved a new resolution,
. . . to increase the state capitol’s rooftop and utility-scale solar PV targets to
. . . 800 MW by 2020.  
The resolution enabled 3rd-party solar ownership,
. . . a solar tariff floor price, and
. . . a strategy for procuring 200 megawatts (MW) of “fast-response” storage.

“In the past, people used environmental arguments to justify renewable goals.
. . . This time around, the case for renewables was based on economics:
. . . . . . operational cost data from the utility,
. . . . . . robust dynamic models projecting market prices and
. . . . . . very low PPA rates that we have seen from PV,
. . . . . . . . . in response to recent request for proposals [RFPs]“

09-01-2014 Source:  Texas Solar: a ‘Default’ Generation Resource


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