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Powering Texas: The Economic And Environmental Impact Of Advanced Energy Facilities.pdf

2023-APA-Texas-Fact-Sheet-March-2023.pdf
Preview of Powering Texas: The Economic and Environmental Impact of Advanced Energy Facilities
🔗 Source: poweralliance.org
📊 Size: 1.15 MB
📄 Pages: 1 page
⬇️ Downloads: 87

Summary

PowerAlliance.org highlights the impact of wind, solar, and energy storage facilities in Texas. The total capacity for these operating facilities is valued at $11.3 billion, with investments exceeding $106 billion across Texas. These projects have avoided 60% of water consumption that would otherwise be used by traditional power sources, amounting to millions of gallons saved in 2021.

The advanced energy sector has created over 42,200 jobs and contributed significantly to consumer savings since 2010 due to its expansion in Texas. Additionally, taxes and landowner payments from these facilities have benefited rural areas. Advanced energy resources can power a substantial number of Texas homes.

In 2022, 54,472 MW of electricity was produced by low-cost advanced energy sources, accounting for 30.7% of the state's total electricity production. Over 50 Fortune 500 companies are involved in these projects, and existing facilities have paid significant amounts to landowners over their lifetimes.

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Description

Power Alliance advocates for the expansion of wind, solar, and energy storage facilities in Texas. In 2022, these sources produced 30.7% of Texas electricity at low costs, contributing to $11.3 billion in investments and employing over 42,200 people. The initiative has saved consumers $106 billion since 2010 and avoided 60% of water consumption compared to traditional energy methods. Advanced energy resources can power 47 million homes in Texas, with significant benefits for rural areas through

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  • File Format: PDF
  • File Size: 1.15 MB
  • Pages: 1
  • Language: EN
  • Total Downloads: 87
  • Last Updated: 2 weeks ago

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