- Apr 9, 2019 4:54 pm GMT
- 321 views
Texas is a state with huge solar potential. It is also the state with the largest amount of coal-based electricity in the US - 111 TWh in 2018 - about 10% of US total.
Wind projects in TX have already helped shut down a big chunk of coal. Solar based electricity - generated during day will complement wind from evening/night hours and help shut down more coal in TX.
With solar costs continue to drop you can expect a lot more to be installed in the 20's.
Building a solar farm in Texas currently costs about $32 per megawatt-hour, spread over the lifetime of the plant, according to BloombergNEF. Compare that to $38 for a high-efficiency gas plant. Plus, solar farms can be built in six months, while gas plants can take years. That’s crucial for Texas, which needs more power plants as soon as developers can put them up.