R C Macaulay wrote:

Not to be outdone.. as no Texas power producer can .. the Houston ship channel industries old Reliant power plant, one of 4 fallen into bankruptcy because of rising fuel costs and too broke to install pollution equipment, was resurrected from the dead and sold for 450m and change.
The new owners will be given time to work out their pollution problems.

No place but Texas, where no man's life nor property is safe when the legislature is in session. Not to worry says the regulators..

On the other hand, let's give Texas and it previous Gov. G. W. Bush credit for progress in wind power. They are doing a remarkable job. See:

http://www.nytimes.com/2008/02/23/business/23wind.html?scp=1&sq=texas+wind&st=nyt

"Move Over, Oil, There’s Money in Texas Wind

SWEETWATER, Tex. ­ The wind turbines that recently went up on Louis Brooks’s ranch are twice as high as the Statue of Liberty, with blades that span as wide as the wingspan of a jumbo jet. More important from his point of view, he is paid $500 a month apiece to permit 78 of them on his land, with 76 more on the way.

“That’s just money you’re hearing,” he said as they hummed in a brisk breeze recently.

Texas, once the oil capital of North America, is rapidly turning into the capital of wind power. After breakneck growth the last three years, Texas has reached the point that more than 3 percent of its electricity, enough to supply power to one million homes, comes from wind turbines.

Texans are even turning tapped-out oil fields into wind farms, and no less an oilman than Boone Pickens is getting into alternative energy.

“I have the same feelings about wind,” Mr. Pickens said in an interview, “as I had about the best oil field I ever found.” He is planning to build the biggest wind farm in the world, a $10 billion behemoth that could power a small city by itself. . . .


“I like wind because it’s renewable and it’s clean and you know you are not going to be dealing with a production decline curve,” Mr. Pickens said. “Decline curves finally wore me out in the oil business.”

At the end of 2007, Texas ranked No. 1 in the nation with installed wind power of 4,356 megawatts (and 1,238 under construction), far outdistancing California’s 2,439 megawatts (and 165 under construction). Minnesota and Iowa came in third and fourth with almost 1,300 megawatts each (and 46 and 116 under construction, respectively). . . ."


4,356 MW nameplate translates into about about 1,400 MW actual, or 1.6 average U.S. nukes. That's very significant generating capacity!

This fellow Louis Brooks is making $39,000 per month for doing essentially nothing! He just collects the checks. He will soon be making $77,000. That kind of money talks. People like him will ensure that the coal industry does not block the development of wind power.

- Jed

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