Study: Solar and wind energy saved Texas customers more than $7 billion in 2022 so far
Researchers examined how much more expensive electricity would have been if the Texas grid did not use wind and solar power.
[url]https://www.dallasnews.com/news/2022/10/18/study-solar-and-wind-energy-saved-texas-customers-more-than-7-billion-in-2022-so-far/[/url]
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[url]https://www.gotrhythm.com/blog/energy-saving-tips/why-is-electricity-so-expensive-in-texas-and-what-to-do-about-it[/url]
The Impact of Renewable Energy and Helps Offset Higher Rates
Among renewable energy sources in Texas, wind power is the most produced, actually leading the entire country in wind energy generation.
According to a study referenced in the Dallas News ([url]https://www.dallasnews.com/news/2022/10/18/study-solar-and-wind-energy-saved-texas-customers-more-than-7-billion-in-2022-so-far/[/url]), in 2022 solar and wind energy saved consumers over $7 billion, due to the lower operating costs of wind and solar projects compared to traditional fossil fuel-based power plants. And the Texas Association of Business) states that not only does renewable energy contribute greatly to our state’s economy – including a remarkable forecast of $16.7 billion in local tax revenue – it also benefits residents and businesses when it comes to energy prices. Estimates made in 2022 predicted that ERCOT market costs will decrease by up to $11 billion per year, thanks to new renewable energy production.
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Tsipper, you can call the customer service line.
And A5 is there any place on earth where electricity prices, regardless of their generating sources, are not going up?
Generation costs are only a portion of system costs so unless you have system analysis you can't tell what is increasing the costs.
Sask Power has clearly said the lowest cost new generation sources are wind and solar.
Some of cheapest sources are existing renewables are hydro from Quebec and Manitoba.
Both Texas and North Dakota have very significant amounts of wind energy.
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Originally posted by chuckChuck View PostHuh?
Lazard has the numbers for the US which more or less show the comparison. They are not hidden.
You can also ask Sask Power if you want.
im just saying if all this “green energy” is so cost efficient we’d be seeing the numbers.
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Originally posted by chuckChuck View Post
Lazard has the numbers for the US which more or less show the comparison. They are not hidden.
Surely you can find a real world example that backs up what Lazard claims.
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Huh?
Lazard has the numbers for the US which more or less show the comparison. They are not hidden.
You can also ask Sask Power if you want.
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If SaskPower knows the cost of generating all forms of electricity why is it hidden?
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Sask Power knows the cost of renewables and other generation sources because they have built and deployed them with more plans in the works.
Only the pretend libertarian troll from Alberta won't accept claims from Sask Power.
A5 is a sore loser!
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I really want to believe that renewable energy is cost effective, I’ve played around and built windmills but when every kilowatt of renewable needs to be backed up with a reliable base load and nobody seems to know the true cost of renewable energy it’s pretty hard believing renewables are the cheapest way or most efficient way forward.
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Originally posted by chuckChuck View PostSo you are admitting again to being a troll?
You seem to enjoy it because you keep coming back for more.
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