Economics
For the First Time, Wind Power Is About to Surpass Coal in Texas
- Utilities are closing coal plants while costs for wind decline
- Vistra shuttered 4 gigawatts of Texas coal plants last year
Wind turbines stand during sunset at the Avangrid Renewables' Baffin Wind Power Project in Sarita, Texas.
Photographer: Eddie Seal/BloombergThis article is for subscribers only.
Wind power in Texas is about to blow past coal for the first time.
Turbines in the Lone Star State are forecast to generate 87 terawatt-hours of electricity in 2020, according to a report Thursday from Rystad Energy. That will exceed the roughly 84 terawatt-hours next year from coal plants.