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In Texas, Natural Gas and Renewables Expected To Meet Future Energy Needs
Texas and Future Energy Resources | The Energy Collective
The worldÂ’s energy mix is undergoing a slow but very real transitional period as energy planners seek to incorporate renewable energies into existing infrastructures at ever increasing rates. As a way to provide a framework for what to expect over the next twenty years, the Texas Clean Energy Coalition (TCEC), in conjunction with the Mitchell Foundation and economists at The Brattle Group, developed a study called Exploring Natural Gas and Renewables in ERCOT Part II: Future Generation Scenarios for Texas, to test energy models based on the best current information regarding energy markets, electric grids, and government policy.
TCEC concluded that ERCOT (Electric Reliability Council of Texas) power systems are “very likely to combine substantial amounts of both renewable energy and gas-fired power, and together can provide all new generation.”
“The economic and environmental attractiveness of these electricity sources, the strong Texas resource base, and the evolution of power markets and systems all point to these energy options as the likely foundation of all new supplies to the ERCOT system in the next several decades ahead.”
While these results are bullish for natural gas and renewables, there is a great deal of information to parse in order to come to an accurate conclusion of where our energy future lies.
Texas and Future Energy Resources | The Energy Collective