Renewables reduced wholesale power costs by $5.7 billion in Texas

by Christian Roselund, PV Magazine

A recent report puts numbers to the power of wind and solar to reduce wholesale prices in ERCOT. And there is a lot more coming.There is a lot to chew on in The Economic Value of Renewable Energy to Texas, a new report by the Wind Solar Alliance. In addition to numbers on jobs, reduced pollutants and projected numbers for economic development, there are also figures for revenues to local governments and landowners, all in the cornucopia of economic benefits brought by these two resources.

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