Employment Opportunities in Texas Because of Renewable Energy

Posted on 13 December 2010


Population wise, Texas is the second largest state in the U.S. It has a huge scope of renewable energy project which leads to a bright future of this state. Overall, the state of Texas can boast of having the top universities, thriving commercial environment and an energy infrastructure.

It also has a large number of professionals who have the potential to expand technological base. In fact Texas has a business encouraging environment not only for oil and gas industry, but also for the other industries.

Target of Renewable Energy

The state of Texas single handed achieved its target of producing 10,000 megawatts of renewable energy capacity. It is fifteen years ahead of its schedule. A self governing foundation has also published a report in this regard.

As per the report, the Texas renewable Energy creates 23, 000 jobs on yearly basis. It will also generate $2.7 billion every year in terms of local and the government tax revenues.  Could clean tech follow high tech and biotech as Texas giants?

Report by Cynthia and George Mitchell Foundation

This report has been published by the Foundation in the capital of Texas; Austin. This study recommended that the state could become a channel for the renewable energy industry, and also envisaged the following three different situations:

  • Win an estimated raise in housing energy bills by $13, the state could grow at the rate of 20% in its renewable energy capacity. Consequently it would lead to an ideal state of affairs. It alleges to add 22,900 energy jobs yearly.  The state income will also be enhanced by the aforesaid figure of $2.7 billion. Many of the inhabitants  would possibly recoil at this else the ‘price of a postage stamp’ daily argument work.
    Ultimate Year Supply of Freeze Dried Food
  • In a basic situation with a raise of $4 increase in the utility bill throughout the state would generate around 6000 additional jobs on yearly basis.  It would also enhance Texas renewable energy capacity by 15%. The state would also achieve around a $ 1billion amount in revenues.  The state and the cities will share this increase about 80-20%.
  • If Texas continues the same program, there would be a meek development in employment opportunities, economic growth and tax income; but it would not attain the optimal state of affairs.

Support by the Politicians

Some of the state politicians also publicized this report, particularly the ex State spokesman Billy Hamilton.  It also becomes the rationale in passing laws in 2011 legislative sessions that would stimulate the renewable energy sector.

They would also face several challenges, such as a state budget debit, the amount of preliminary investment required to jump start such measures and the difference of opinion that amplified energy expenses can affect the fixed income group.

History of Technology Development in Texas

Nevertheless, the state of Texas has a chronicle of using other tax incentives and other financial techniques to develop its technological base. It has espoused the tax policies to promote its natural gas industry.  It has also made the policies of Renewable Portfolio Standard to fortify the wind power industry.

Texas undoubtedly encompasses the establishment and could attract the plethora of talent. They can be simply tempted by low taxes, better housing prices and last but not least the eye-catching Hill Country.

People who liked this Post also read

  • Who Is The Largest Wind Power Producer In The World?
    Randall Swisher, AWEA Executive DIrector, says that wind energy facilities are contributing 20% of the America’s electrical power provision by 2030 as visualized by the U.S. Department of Energy....
  • Why Window Placement is Crucial for Cutting Your Energy Costs
    Think about the window placements in your next house. Maybe the changes can even provide enough benefits for upgrading your old house? Read more about energy conservation and ways to harness solar energy at Pros and cons of solar energy/power....
  • Benefits of Solar Power Units
    Solar Power Units are the latest introduction to the alternative energy resources. A Solar Power Unit can be regarded as any instrument of tool which in one way or the other, generates energy by harnessing solar power. Solar power has its benefits and pro...
  • Hybrid Solar Cells
    Hybrid Solar Cells are the latest kind of Solar Cells. These Solar Cells can be used just about anywhere and individuals can benefit from the Solar Power produced by them greatly. It is ideal for one to utilize the potential of these Solar Cells in the be...
  • Steps To Make Solar Power Generator
    Solar energy is the best alternative for the expensive fuel. You can make a solar generator at your home pretty easily with the help of a number of components. The parts used in the solar generator are available for very reasonable price....

Popular Articles This Week

Getting Residential Solar System in TexasIf you fill out the comments form in a right way on the Texas solar power website, then one of the Texas...
Lease Solar Panels in TexasRenewable solar energy is now becoming a promising source of low cost energy for homeowners in Texas....
Walmart Adopting Environment Friendly Power SourcesWalmart being a profitable and efficient business goes hand-in-hand with being a good steward of the...
Ford Wixom Assembly Plant Will Turn Into Renewable Energy ParkFord's forsook plant in Wixom, Michigan, is seeking a new lease on life. The manufacturing plant primitively...

This post was written by:

- who has written 19 posts on Renewable Energy.

Contact the author

Leave a Reply