My 2 cents based on what I’ve learned is Texas has a low barrier to entry in the energy market, so it’s relatively easy for someone to set up a business, build a project, and connect it to the grid vs other states. What also helps is there’s tons of land that isn’t suitable for agriculture or intensive ranching, and in West Texas that land isn’t being used for much else besides low-intensity ranching or hunting leases. Also many West Texas landowners have existing oil and gas leases dating back decades (many of them are producing little to no revenue today, besides the areas where fracking is occurring) so they’re used to negotiating leases with energy companies. Someone coming to you with a contract for $3000/mo in perpetuity for the use of a few acres of your 500 acre property that you’re otherwise doing nothing with can be pretty attractive.
The big question is why are seemingly environmental states so far behind.
My 2 cents based on what I’ve learned is Texas has a low barrier to entry in the energy market, so it’s relatively easy for someone to set up a business, build a project, and connect it to the grid vs other states. What also helps is there’s tons of land that isn’t suitable for agriculture or intensive ranching, and in West Texas that land isn’t being used for much else besides low-intensity ranching or hunting leases. Also many West Texas landowners have existing oil and gas leases dating back decades (many of them are producing little to no revenue today, besides the areas where fracking is occurring) so they’re used to negotiating leases with energy companies. Someone coming to you with a contract for $3000/mo in perpetuity for the use of a few acres of your 500 acre property that you’re otherwise doing nothing with can be pretty attractive.
Iowa is mumber two for wind despite some of the most valuable farmland in the world.
again I ask: what are other states doing wrong that they are so far behind. Please do some soul searchering as whatever it is, it failed you baddly.
Wow dude, take a chill pill 🤣
I’m going to do some soul searchering now, byye