12/22/2024

News

How Much Space Does $200,000 Get You in Texas Compared to the Rest of the Country?

Looking at the numbers in the context of the rest of the country, though, helps explain the boom that we’ve seen throughout the state. Austin’s average of 1,341-square feet per $200,000 makes the city seem expensive and overpriced to people in parts of the state where your money goes a lot further. But it’s a […]

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Wind Power Capacity Has Surpassed Coal in Texas

Wind power capacity edged out coal for the first time in the Texas history last week after a new 155-megawatt wind farm in Scurry County came online. The farm in question is the Fluvanna Wind Energy Project, located on some 32,000 acres leased from more than 130 landowners.

Fluvanna pushed total wind power capacity in the state to more than 20,000 megawatts, while coal capacity stands at 19,800 megawatts and is slated to fall to 14,700 megawatts by the end of 2018 thanks to planned coal powerplant closures. Next year, Luminant will shutter three coal-fired plants—Monticello, Sandow, and Big Brown—and San Antonio’s CPS Energy will close J.T. Deely Station. Wind capacity in the state will reach 24,400 megawatts by the end of 2018, according to projections from Joshua Rhodes, a research fellow at UT Austin’s Energy Institute.

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