By David Wogan
Summary:
The low natural gas prices will crowd out renewable electricity generation. Their goal is to reduced pollution, fewer carbon emissions, renewable and natural gas. Meanwhile, Texas continues to increase its wind power generation capacity, now approaching 12 gigawatts. The Brattle group discussed how natural gas and renewable both compete and complement each other in the Texas grid. The low gas prices could compete with renewable in the long term. Wind power is prioritized over other fuel sources when it is available. The low costs of natural gas and wind in Texas are far more disruptive to coal, leading to more switching while some electric utilities are offloading coal assets completely. The result of this odd relationship has been a less carbon-intensive electricity generation sector in Texas, without it pricing or climate legislation.
The low natural gas prices will crowd out renewable electricity generation. Their goal is to reduced pollution, fewer carbon emissions, renewable and natural gas. Meanwhile, Texas continues to increase its wind power generation capacity, now approaching 12 gigawatts. The Brattle group discussed how natural gas and renewable both compete and complement each other in the Texas grid. The low gas prices could compete with renewable in the long term. Wind power is prioritized over other fuel sources when it is available. The low costs of natural gas and wind in Texas are far more disruptive to coal, leading to more switching while some electric utilities are offloading coal assets completely. The result of this odd relationship has been a less carbon-intensive electricity generation sector in Texas, without it pricing or climate legislation.
Reflection:
The issue in Texas is that low natural gas prices will crowd out renewable electricity. Their goal is to reduced pollution. I chose this article because I think its interesting to know the issues in other places. In my opinion, i think power generation is a good idea but can cause problems. They should know how to limit this.
The issue in Texas is that low natural gas prices will crowd out renewable electricity. Their goal is to reduced pollution. I chose this article because I think its interesting to know the issues in other places. In my opinion, i think power generation is a good idea but can cause problems. They should know how to limit this.