NewEnergyNews: New Energy Has Saved Texas $28BIL/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Wednesday, November 16, 2022

    New Energy Has Saved Texas $28BIL

    Texas Solar and Wind Resources Saved Consumers Nearly $28 Billion Over 12 Years: Report

    Elizabeth McCarthy, October 25, 2022 (Utility Dive)

    “Solar and wind energy reduced wholesale energy costs in Texas by $7.4 billion in the first eight months of this year, creating average monthly savings of $925 million…[and according to IdeaSmiths, solar and wind resources have saved Texas residents nearly $28 billion over the past 12 years…With natural gas and coal prices at 10-year highs, Texas residences and businesses are on track to save an estimated $11 billion this year…[Renewables have] also has reduced air pollution, including carbon dioxide, nitrogen oxides and sulfur oxide emissions, and curbed the use of limited water supplies…

    …Texas leads the U.S. in wind installations, with 30.46 GW, and is second in solar energy, with 8.6 GW…[Renewables have lowered wholesale electricity market prices] by offsetting more expensive power plants…[and consumer savings have] been larger this year because of increased wind and solar generation as well as natural gas and coal prices that were much higher than they were in earlier years… [The very hot Texas summer also drove up demand,] increasing the value of grid-connected renewables…

    …[Renewable-generated electricity displaced fossil fuels which] avoided 416,000 tons of SO2, 318,000 tons of NOx, and 558 million tons of CO2 emissions since 2010…[The avoided emissions led to] fewer hospitalizations of patients suffering respiratory impacts…[That has saved Texans and estimated $10.2 billion to $76.4 billion] in healthcare and other environmentally related costs…[Avoided consumption of water used in fossil fuel plants led to estimated savings] between $0.7 billion and $1.7 billion.” click here for more

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