Jump to content

Create a Free Account or Sign In to connect and share in green living and alternative energy forum discussions.

FOLLOW THE MONEY: Texas


 
No replies to this topic

#1 eds

eds

    Shifted

  • Global Moderator
  • 3,981 posts 263 rep

Posted 26 November 2016 - 05:15 AM

In Texas, the country's leading wind generation state,
. . . wind is now competitive with fossil fuels.
. . . But unlike oil and gas,
. . . wind . . . COSTS . . . don't fluctuate.

There’s, a strong economic rationale.

Wind energy, is not going to cost more tomorrow, or
. . . . . . 5 years, or
. . . . . . 10 years, or even
. . . . . . 20 years, from now.

As you add more renewables to the grid,
. . . eventually those renewable plants get paid off.
. . . And once they're done being paid off,
. . . they have an operating margin of almost zero,
So if you can own these assets super long term,
. . . you see the cost of power should be continuing to decline."

11-26-2016 Source:  FOLLOW THE MONEY: Texas

0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users