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Texas is overflowing with "reasonably priced fossil fuels". Yet even in oil soaked Texas, renewables account for most new capacity being added to their electri

Texas is overflowing with "reasonably priced fossil fuels". Yet even in oil soaked Texas, renewables account for most new capacity being added to their electrical grid. Why? It's cheaper. Simple economics. This is the current reality that you might want to check in on. https://www.eia.gov/todayinenergy/detail.php?id=61424 https://www.eia.gov/todayinenergy/detail.php?id=61424

marcusverus 2y ago
Investment in fossil fuels is unlikely when one of the two parties vows to destroy the industry. Preytending that renewables are winning based purely on economics is disingenuous. If it were true, things like this would be unnecessary: https://apnews.com/united-states-presidential-election-9dfb1e4c381043bab6fd0fa6dece3974 https://apnews.com/united-states-presidential-election-9dfb1...
- jqpabc123 2y ago
  Investment in fossil fuels is unlikely when one of the two parties vows to destroy the industry. So even when the right has control of a large oil soaked state like Texas for decades, it's still all the left's fault? Distort reality much? The end of fossil fuels is inevitable. The supply is limited. "Drill baby drill" will only reach the end faster and cause more environmental damage for your kids to deal with.
  - marcusverus 2y ago
    If you feel the need to be a cunt, please go back to reddit.
  - JumpCrisscross 2y ago
    > even when the right has control of a large oil soaked state like Texas for decades, it's still all the left's fault? This is the line Texan anti-renewable lobbyists are coming out with [1]. [1] https://www.theenergyalliance.com/research/the-end-of-texas-energy-only-electricity-market-emwzw-whh6g-t6dhn https://www.theenergyalliance.com/research/the-end-of-texas-...
JumpCrisscross 2y ago
> Yet even in oil soaked Texas, renewables account for most new capacity being added to their electrical grid. Why? It's cheaper. Simple economics Texas is still building gas generators [1][2]. Renewables are cheaper, but on the margin. Their production remains low, and despite massive growth, won't going to rival whole-grid growth for at least a decade. (Growth + replacement takes us into the 2040s.) That means we need other power sources for decades to come. America went with gas, which makes sense–we have lots of it. China with coal for the same reason. (Europe, also gas, which doesn’t make sense, but they don’t want to do coal or nuclear and don't seem to be deeply thinking about this.) In the long run we’ll probably be all solar with marginal wind, hydro and experimental sources. That will not happen in our lifetimes. Texas and Germany are prime examples of why simplifying our grid’s future to a single source is not only economically infeasible but also politically self defeating. [1] https://www.power-eng.com/gas/calpine-affirms-plan-to-build-more-natural-gas-plants-in-texas/ https://www.power-eng.com/gas/calpine-affirms-plan-to-build-... [2] https://www.powermag.com/new-gas-fired-power-plants-proposed-in-southeast-texas/ https://www.powermag.com/new-gas-fired-power-plants-proposed...
mk89 2y ago
Yeah but to modernize a company to switch from oil to electricity, if possible at all, requires significant investments. In Germany this has been a major problem for many companies that invested to be greener and the costs were huge. It doesn't matter that 1kwh costs 10 cents less when you need to invest 100 millions to change your infrastructure.

marcusverus 2y ago

Investment in fossil fuels is unlikely when one of the two parties vows to destroy the industry. Preytending that renewables are winning based purely on economics is disingenuous. If it were true, things like this would be unnecessary: https://apnews.com/united-states-presidential-election-9dfb1e4c381043bab6fd0fa6dece3974 https://apnews.com/united-states-presidential-election-9dfb1...

jqpabc123 2y ago
Investment in fossil fuels is unlikely when one of the two parties vows to destroy the industry. So even when the right has control of a large oil soaked state like Texas for decades, it's still all the left's fault? Distort reality much? The end of fossil fuels is inevitable. The supply is limited. "Drill baby drill" will only reach the end faster and cause more environmental damage for your kids to deal with.
- marcusverus 2y ago
  If you feel the need to be a cunt, please go back to reddit.
- JumpCrisscross 2y ago
  > even when the right has control of a large oil soaked state like Texas for decades, it's still all the left's fault? This is the line Texan anti-renewable lobbyists are coming out with [1]. [1] https://www.theenergyalliance.com/research/the-end-of-texas-energy-only-electricity-market-emwzw-whh6g-t6dhn https://www.theenergyalliance.com/research/the-end-of-texas-...

JumpCrisscross 2y ago

> Yet even in oil soaked Texas, renewables account for most new capacity being added to their electrical grid. Why? It's cheaper. Simple economics Texas is still building gas generators [1][2]. Renewables are cheaper, but on the margin. Their production remains low, and despite massive growth, won't going to rival whole-grid growth for at least a decade. (Growth + replacement takes us into the 2040s.) That means we need other power sources for decades to come. America went with gas, which makes sense–we have lots of it. China with coal for the same reason. (Europe, also gas, which doesn’t make sense, but they don’t want to do coal or nuclear and don't seem to be deeply thinking about this.) In the long run we’ll probably be all solar with marginal wind, hydro and experimental sources. That will not happen in our lifetimes. Texas and Germany are prime examples of why simplifying our grid’s future to a single source is not only economically infeasible but also politically self defeating. [1] https://www.power-eng.com/gas/calpine-affirms-plan-to-build-more-natural-gas-plants-in-texas/ https://www.power-eng.com/gas/calpine-affirms-plan-to-build-... [2] https://www.powermag.com/new-gas-fired-power-plants-proposed-in-southeast-texas/ https://www.powermag.com/new-gas-fired-power-plants-proposed...

mk89 2y ago

Yeah but to modernize a company to switch from oil to electricity, if possible at all, requires significant investments. In Germany this has been a major problem for many companies that invested to be greener and the costs were huge. It doesn't matter that 1kwh costs 10 cents less when you need to invest 100 millions to change your infrastructure.