Economic Impact of Renewable Energy & Energy Storage in Rural Texas

What is happening? New Report. Or is it s study? a white paper? It’s something policy people will quote or reference and that makes it worthy of attention. Meet “The Economic Impact of Renewable Energy and Energy Storage in Rural Texas” You’ll learn that the current fleet of utility-scale wind, solar, and energy storage projects in Texas are estimated to generate $7.2–$8.8 billion in new local tax revenue over their lifetimes. If we count all planned projects like this with interconnection the tax revenue is $12.5 to $15.9 billion. For the land owners that means revenue of $11.8 to $21.7 billion.

Why is this important? If you like the nitty gritty, this will get into the leveled per MW tax revenue and land owner payments.