DALLAS – Texas, with its own
power grid, is testing the relationship between natural gas and renewable
energy, the Pew Charitable Trust reports. A new report by The Brattle Group
commissioned by the Texas Clean Energy Coalition found that renewable energy
and natural gas could coexist together on the Lone Star State’s power grid.
Texas has more wind and
natural gas resources than any other state, along with soaring energy
consumption from a growing population. Analysis found that the low cost of
natural gas would not take over the current renewable energy volume in the
sate. What is likely to happen is that both fuel sources will consume coal’s
market share.
A report by the Electric
Reliability Council of Texas, which runs the state’s power grid, said “natural
gas generation and renewable resources are likely to be competitive across a
broad range of potential future market outcomes.” The council also pointed out
that the grid would have more than 20,000 megawatts of capacity from new
natural gas generation between now and 2033, plus an additional 10,000
megawatts from solar energy and close to 17,000 from wind-generated energy.
Currently, federal
assistance is key to renewable energy’s competitiveness. For example, the
confusion over the continuation of the wind production tax credit has halted
the rapid expansion of the wind industry.
Overall, renewable energy
and natural gas are a natural fit to work together. “Low-priced natural gas and
clean renewable resources are complementary, not competing, resources to
displace other fuels over the long term,” said Kip Averitt, chairman of the
Texas Clean Energy Coalition.