Rhodes: “And that can make a big difference for a rancher or a landholder to have that revenue. … A lot of landowners talked about wind and solar being like a drought-proof crop. It doesn’t have to rain to still get paid.”
Today, solar crossed 26,000 megawatts for the first time ever, meeting >56% (!) of demand (also a record). Previous solar record was exceeded by 1,316 megawatts. Earlier this week wind & solar combined for 39,946 megawatts,, nearly 1,000 megawatts more than the previous record.
There's a new solar record in ERCOT. A few minutes ago, solar exceeded 25,000 megawatts of production for the first time, equaling 52% of demand. Emission free sources (wind, solar, and nuclear) are producing about 75% of power demand today.
To the surprise of no one in Texas rn, wind power hit a record last night at 28,470 megawatts. (It's *very* windy here today.) Another day of nearly 75% of demand met by renewables and 85% emission free.
Hey y'all! Check out our latest report on the impact of renewables & storage in TX!
tl;dr - The current & expected fleet of renewable & energy storage projects is expected to pay almost $50B in lifetime landowner payments & local taxes! 👇