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Texas Windpower = Big Money Answered

Texas is now far ahead of California, and the rest of the country, in production of wind power.

From the NYTimes:
Texas, once the oil capital of North America, is rapidly turning into the capital of wind power. After breakneck growth the last three years, Texas has reached the point that more than 3 percent of its electricity, enough to supply power to one million homes, comes from wind turbines.

Texans are even turning tapped-out oil fields into wind farms.


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12 years ago

In case you're interested, I work in a related field and I used to drive through the two largest wind farms in the world, just south of Sweetwater, TX. Blow up the image to the fullest and see the tiny turbines vanishing out on the horizon. I was surrounded in all directions by that sight. Either one of those farms is larger than anything else in the world and by quite a bit. So is there any money in them? The land owner will get a royalty of about $1,000 per month from each turbine. The absolute most you can get on a 640 acre section is about 30 of these larger turbines, but that rarely happens in practice because of terrain issues. To put that into perspective, the owner's royalty from one really good gas well might be on the order of $450,000 per month...which is why Jed Clampett could afford to move to Beverly Hills. Depending on where you are you might be able to get 30 gas wells on 640 acres, but I doubt they will all produce at that rate for very long. Gas and oil are fickle, not to mention non renewable. The wind will always be there.