Shift Key with Robinson Meyer

How Texas Could Destroy Its Electricity Market

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Apr 30, 2025
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INSIGHT

Texas Renewable Energy Growth

  • Texas's wind capacity was built up early, but solar and battery storage have surged dramatically in recent years.
  • By 2025, Texas boasts about 40 GW wind, 30 GW solar, and 11 GW storage, powering over 35% of its electricity from renewables.
INSIGHT

Economic and Policy Backbone

  • Texas's renewable momentum stems from early policy, like the renewable portfolio standard and transmission build-out.
  • The energy-only market structure favors the lowest cost resources, supporting clean energy growth.
ADVICE

Beware Raising Energy Costs

  • Opposing low-cost renewables will raise electricity bills for all consumers, harming Texas's economic growth.
  • Legislators should consider the broader economic consequences before supporting costly anti-renewable bills.
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