Texas has emerged as the United States' clean-energy powerhouse as future green energy capacity in the Lone Star State far surpasses other states.
The Data: A post on X by Michael Thomas relayed data from the Energy Information Administration.
The data includes projects that have permits and plans to reach commercial operation in the next 18 months.
Why it Matters: Texas' green energy champion status may surprise many observers; its high clean energy capacity is belied by the fact that it is generally defined as a Republican state. Conservative lawmakers have historically criticized green energy in favor of fossil fuels.
The data is unsurprising, though, given Texas' geography and climate. It is the second-largest state by area and enjoys high sunlight coverage relative to other states, given its southern location. It is also relatively flat, its topology is favorable for building cheaply. Finally, Northern Texas is an especially windy region of the U.S.
The green energy capacity increase is necessitated by the fact that the state is rapidly growing in population. In addition, many energy-intensive Bitcoin miners operate in the state.
For investors interested in the green energy sector, here are three ETFs to consider:
iShares Global Clean Energy ETF (NASDAQ:ICLN)
First Trust NASDAQ Cln Edge Smart Grid Infra Fund (NASDAQ:GRID)
Invesco Solar ETF (NYSE:TAN)
Also Read:
Tesla Stock Approaches Golden Cross: Is EV Stock Ready To Accelerate?
Image created using artificial intelligence via Midjourney.
Texas has emerged as the United States' clean-energy powerhouse as future green energy capacity in the Lone Star State far surpasses other states.
德克萨斯已成为美国清洁能源强国,未来在独行星州的绿色能源产能远远超过其他州。
The Data: A post on X by Michael Thomas relayed data from the Energy Information Administration.
数据: Michael Thomas 在 X 上发帖,传递了能源信息管理局的数据。
The data includes projects that have permits and plans to reach commercial operation in the next 18 months.
数据包括计划在未来18个月内取得许可并计划达到商业运营的项目。
Why it Matters: Texas' green energy champion status may surprise many observers; its high clean energy capacity is belied by the fact that it is generally defined as a Republican state. Conservative lawmakers have historically criticized green energy in favor of fossil fuels.
The data is unsurprising, though, given Texas' geography and climate. It is the second-largest state by area and enjoys high sunlight coverage relative to other states, given its southern location. It is also relatively flat, its topology is favorable for building cheaply. Finally, Northern Texas is an especially windy region of the U.S.
The green energy capacity increase is necessitated by the fact that the state is rapidly growing in population. In addition, many energy-intensive Bitcoin miners operate in the state.
绿色能源产能的增加是由于该州人口迅速增长所必需的。此外,许多能源密集型的比特币矿工在该州运营。
For investors interested in the green energy sector, here are three ETFs to consider:
对于有兴趣投资绿色能源行业的投资者,以下是三种etf值得考虑:
iShares Global Clean Energy ETF (NASDAQ:ICLN)
First Trust NASDAQ Cln Edge Smart Grid Infra Fund (NASDAQ:GRID)
Invesco Solar ETF (NYSE:TAN)
環球清潔能源etf-ishares (NASDAQ:ICLN)
First Trust NASDAQ Cln Edge Smart Grid Infra Fund (NASDAQ:GRID)
太阳能etf-invesco (NYSE:TAN)
Also Read:
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Tesla Stock Approaches Golden Cross: Is EV Stock Ready To Accelerate?
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Image created using artificial intelligence via Midjourney.