GEOLOGY WITH JEFF SIMPSON
  • Home
  • GLG101IN
  • GLG110IN
  • GLG280/281
  • GEONEWS
  • JEFF
  • Sustainable Building Project
  • UDP

Wind and Solar Are Saving Texans $20 Million a Day

8/21/2022

 
In a year of record-high prices for fossil fuels, as lawmakers consider new policies that can help fight inflation, renewable energy is already helping to shield Americans from steep jumps in their electricity bills. For example, in Texas, even as some observers have incorrectly blamed renewables for the state’s strained power grid, more than a third of electricity in the first half of 2022 came from wind and solar projects. Wind and solar have both set records already this year. High production from renewables and high fossil fuel prices together mean wind and solar are having an outsized impact on lowering energy costs. Based on benchmark natural gas prices, RMI estimates that, on average, wind and solar projects in Texas have avoided $20 million per day in fuel that otherwise would have been needed for fossil fuel-based power plants to meet electricity demand.- RMI
Picture

Comments are closed.

    GeoNews

    This is a way to share science-based info from reliable sources. Click the source link after text to read more. Use this Google Doc or this Google Slides template to summarize an article. An occasional podcast featuring news and topic experts will be included.
    ​
    Contact Prof Jeff to share items.

    Categories

    All
    Agriculture
    Air Pollution
    Animals
    Arizona
    Beaches
    Biosphere (Plants / Animals)
    Climate Change
    Earthquakes
    Earth's Interior
    Economics
    Energy
    Erosion
    Fire
    Food
    Forests
    Fossil Fuels
    Geologic History
    Geophysics
    Glaciers
    Groundwater
    Health
    Humor
    Indigenous Peoples
    Magnetic
    Mass Wasting
    Meteorites
    Minerals
    Mining
    Nuclear Power
    Oceans
    Ozone
    Plate Tectonics / EQs
    Pollution
    Population
    Recycling
    Renewable Energy
    Rivers
    Soil
    Space Science
    Sustainability
    Transportation
    Tsunami
    Volcanoes
    Waste
    Water


    Archives

    September 2022
    August 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020



    RSS Feed

Site powered by Weebly. Managed by MacHighway
  • Home
  • GLG101IN
  • GLG110IN
  • GLG280/281
  • GEONEWS
  • JEFF
  • Sustainable Building Project
  • UDP