Texas Windpower: EU Energy, Enron Legacy

By Josiah Neeley -- February 9, 2012 14 Comments

Texas 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.…

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Governor Rick Perry (R-TX), T. Boone Pickens, and the Enron Legacy of Windpower

By Robert Bradley Jr. -- March 24, 2009 15 Comments

Last 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.…

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Industrial Wind Power: Infant Industry Not

By Robert Bradley Jr. -- July 12, 2024 No Comments

“The infant industry argument is a smoke screen. The so-called infants never grow up.” (Milton and Rose Friedman, Free to Choose, 1979, p. 49)

The idea of a transition to a “new energy future” is historically incorrect with wind power, grid solar, and battery-driven cars and trucks. All have a history of non-competitiveness with or displacement by fossil fuels. Energy density explains much of why the renewable energy era gave way to a far better world of coal, oil, and natural gas in recent centuries.

This is taken from a 2014 article by Zachary Shahan for Renewable Energy World, History of Wind Turbines.

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1887: The first known wind turbine used to produce electricity is built in Scotland. The wind turbine is created by Prof James Blyth of Anderson’s College, Glasgow (now known as Strathclyde University).…

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‘Green’ Energy vs. the Environment (Enron to BP to PG&E to Hawaiian Electric)

By Robert Bradley Jr. -- August 30, 2023 No Comments

“Looking back with hindsight, the business opportunities were on the generation side, and the utility was going out for bid with all these big renewable-energy projects. But in retrospect, it seems clear, we weren’t as focused on these fire risks as we should have been.”

– Doug McLeod, former Maui county energy commissioner (quoted in WSJ, below)

Opportunity cost is a central concept in economics. Economics is about the unseen versus the seen. Resources spent in one direction are not spent in another. The same goes for corporations as politically correct, economically incorrect priorities crowd out good. Climate change policy is a premier example.

Government-forced substitution of dilute, intermittent energies for reliable incumbents has not only cost taxpayers and ratepayers. It has also cost the environment–dearly. The recent saga of Hawaiian Electric’s preoccupation with “the energy transition” at the expense of grid safety and reliability is the latest example of this.…

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Notes: 1998 Enron Meeting on Climate Change

By Robert Bradley Jr. -- August 9, 2023 No Comments Continue Reading

Texas Wind Power: The Beginning (1993)

By Robert Bradley Jr. -- July 18, 2023 No Comments Continue Reading

Woke SVB: Remembering Woke Enron

By Robert Bradley Jr. -- March 22, 2023 No Comments Continue Reading

“THIS AGREEMENT WILL BE GOOD FOR ENRON STOCK!!” (Enron’s Kyoto memo turns 25)

By Robert Bradley Jr. -- December 12, 2022 2 Comments Continue Reading

Texas Republicans: Backlash to Big Wind Brewing

By Robert Bradley Jr. -- April 15, 2022 1 Comment Continue Reading

“THIS AGREEMENT WILL BE GOOD FOR ENRON STOCK!!” (Enron’s Kyoto memo turns 24)

By Robert Bradley Jr. -- December 15, 2021 No Comments Continue Reading