Search Results for: "Enron, wind power"
Relevance | DateTexas Windpower: EU Energy, Enron Legacy
By Josiah Neeley -- February 9, 2012 14 CommentsTexas and Europe don’t have a lot in common. But when it comes to government support for renewable energy, the Lone Star state has followed the same course as many European nations.
In the late 1990s, while the European Union was urging member nations to adopt targets for the percentage of their energy produced from renewable sources, Texas enacted a renewable portfolio standard (RPS) mandating that the state’s competitive electric providers buy a minimum 2,000 MW of qualifying renewable energy by 2009. The purchase mandate was part of a broad electricity restructuring bill sponsored by Enron Corp., parent of Enron Wind Corporation, a story detailed elsewhere at MasterResource.
The Texas Legislature, with the support of Governor Rick Perry, later increased the RPS to 10,000-MW by 2025. Texas met this target for installed wind capacity in 2010, a full fifteen years ahead of schedule.…
Continue ReadingGovernor Rick Perry (R-TX), T. Boone Pickens, and the Enron Legacy of Windpower
By Robert Bradley Jr. -- March 24, 2009 15 CommentsLast December, Texas governor Rick Perry, speaking at a Houston fundraiser, sadly noted how President George W. Bush had lost his way in Washington, D.C. His good friend had compromised his principles and left the nation in a lurch, however unintentionally.
But then the governor launched into his Texas-is-great stump speech that included kudos to windpower, a new large industry (no) thanks to a legislative mandate requiring that Texas electricity retailers purchase qualifying renewable energy. (Wind is the most economical of the qualifiers.) The 1999 mandate, enacted with the crucial help of Enron lobbyists, was increased in 2002 with a powerful wind lobby at work. And so at the point of a gun, Texas became the leading windpower state in the country, passing California along the way.
So it was not surprising that last Saturday night Gov.…
Continue ReadingSunnova’s Enronish Ending
By Robert Bradley Jr. -- July 16, 2025 No Comments“’The [Sunnova] summit [last November] was really part of the swindle,’ said Chris Pélissié, chief executive at Senga Solar, which is owed more than $680,000 by Sunnova. ‘None of us dealers knew we were playing chess until it was just too late’…” (below)
Previous posts at MasterResource (below) have chronicled the government-enabled rooftop solar industry, which is now in distress. Bankrupt Sunnova Energy heads the list, with others either bankrupt or struggling.
- Sunnova Declares Bankruptcy June 10, 2025
- Sunnova EVP’s Exit: Self-adulation Within a Taxpayer Bubble June 4, 2025
- Sunnova Hype pre-Bankruptcy May 8, 2025
- Sunnova’s Net Zero for Stockholders (last ESG report of a ‘second-hander’ company) May 7, 2025
- John Berger: “Lifetime Achievement Award” for Sustainable Energy Future April 1, 2025
- Sunnova Going Solyndra? (Enron-ex John Berger owes taxpayers a bundle) February 12, 2025
- Sunnova’s Rooftop Solar: Selling a Bad Product Requires ….
Competitive Solar? A Perennial Deceit (Enron/NYT in 1994)
By Robert Bradley Jr. -- July 1, 2025 1 CommentEd Note: The solar industry is in “a fight for our lives,” in the words of the head of the Solar Energy Industries Association. (Fifteen extensions of the Investment Tax Credit are not enough.) But the narrative has long been that solar is “competitive,” or almost so. The news story posted below, from 1994, is part of this false narrative.
“Federal officials, aware that solar power breakthroughs have shined and faded almost as often as the sun, say the Enron project could introduce commercially competitive technology without expensive Government aid.” (- Allen Myerson, New York Times, November 15, 1994)
Thirty-one years ago, the ‘newspaper of record’ excitedly reported atop the business section that a breakthrough with solar energy had occurred with the business genius of the upstart energy company Enron.…
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