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Texas Renewables Defy GOP Backlash With $20 Billion in Projects

The boom bodes well for Biden’s push to reduce emissions

Workers repair a power line in Austin, on Feb. 18.
Workers repair a power line in Austin, on Feb. 18.Photographer: Thomas Ryan Allison/Bloomberg

Four months after the failure of the Texas electric grid sparked a backlash against clean power, investors and developers have decided just what the state needs: more renewable energy. Much more.

Texas is on pace to have as much green-power development in coming years as the next three states combined, according to the American Clean Power Association, a Washington-based trade group. Projects totaling 15 gigawatts — equal to the total electrical capacity of Finland in 2019 — are under construction or in advanced development, more than double three years ago. That’s according to data from the Electric Reliability Council of Texas, or Ercot, the state’s grid operator.