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Austin - 1 Emily Foxhall - 1 Joshua Rhodes - 1 Rhodes - 1 we're - 1
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Service - 1 Lone Star - 1 Electric - 1 of Texas - 1 Texas Tribune - 1 CBS - 1 Webber Energy Group - 1 University of Texas - 1

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☆ Renewable energy sources have kept the Texas power grid stable this summer even as the state breaks record after record for power usage
  + stars: | 2023-08-12 | by ( Katie Hawkinson | ) www.businessinsider.com   time to read: +3 min
Renewable energy has kept the power grid "remarkably stable" despite the significant strain, an expert says. Texas leads the nation in wind-generated power and is third in the country for solar power. As these extreme temperatures continue to bake Texas, residents are cranking up their air conditioning, straining the state's power grid. Texas produces more wind-powered electricity than any other state and is a national leader in solar energy alongside California and Florida. Some state and national Republicans, however, have pushed back against legislation that would further strengthen the clean energy sources keeping the air conditioners running in Texas this summer.
Persons: Austin, Emily Foxhall, Joshua Rhodes, Rhodes, we're Organizations: Service, Lone Star, Electric, of Texas, Texas Tribune, CBS, Webber Energy Group, University of Texas, Texas, Republicans Locations: Texas, El Paso, California, Florida . Texas
☆ Bigger utilities to benefit most from Biden's clean-energy funds
  + stars: | 2023-02-07 | by ( Laila Kearney | ) www.reuters.com   time to read: +3 min
The Biden administration's $430 billion Inflation Reduction Act devotes billions of dollars for tax credits and direct payments for solar, wind, battery and other energy sources to move electric power supplies from fossil fuels. Regulated utilities including Duke Energy Corp (DUK.N) and Dominion Energy Inc (D.N) begin reporting fourth-quarter results this week and analysts expect them to lay out plans for capitalizing on the IRA. NextEra, the biggest U.S. generator of renewable energy, has a backlog of 16,500 megawatts of renewables projects. The parent of Florida Power and Light has added 25% to that backlog in the last year, executives have said. Solar projects in sunny states in the south and southwest and wind projects in the Midwest are among the best situated to collect IRA dollars, she said.
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