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One would think it would be a slam dunk high profit business opportunity - come to TX, buy a cheap land, put solar panels and large battery, throw a power cable
by trhway 7y ago
One would think it would be a slam dunk high profit business opportunity - come to TX, buy a cheap land, put solar panels and large battery, throw a power cable to the electric grid ... and just relax and watch the Niagara of money flowing into your bank account. It is pretty informative to meditate upon why such business opportunity is just a fantasy incompatible with the current reality.
- philipkglass 7y agoPeople are preparing to do just that: "Texas’ solar market is about to catch fire" With more than 5 GW of approved solar projects in the ERCOT grid, Texas is getting ready for a major boom in its utility-scale solar market. https://pv-magazine-usa.com/2019/02/11/texas-solar-market-is-about-to-catch-fire/ https://pv-magazine-usa.com/2019/02/11/texas-solar-market-is... Though the Niagara of money is going to be more like a modest rivulet of money since prices like these happen only a few hours a year, and Texas generally has low wholesale electricity prices.