Natural gas top electricity source produced in Texas
AUSTIN – While natural gas is still the top energy source in Texas, wind and solar production is growing, according to the "Full Cost of Energy" report by the University of Texas Energy Institute.
Natural gas produces 45.4 percent of Texas’ energy, followed by coal at 24.3 percent.
Wind and nuclear energy power 18.1 percent and 10.8 percent of the state, respectively. Solar energy produces just shy of 1 percent.
"Wind and solar capital costs, in the two years since we released the study, have fallen the most," said Joshua D. Rhodes, research associate at the UT Energy Institute. "They’ve taken over more of the map. It doesn’t seem that the capital costs of things like natural gas have come down very far. They haven’t really had to because the price of natural gas has been so cheap."
Solar utility costs dropped 41.1 percent since 2016. On-shore wind costs fell 16.8 percent. Combustion-turbine natural gas costs fell 5.4 percent.
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