Energy
Since the discovery of the Spindletop Oilfield in 1901, Texas has embodied
the production of energy. The Energy cluster is made up of three sub-clusters:
oil and gas exploration and production; electric/coal/nuclear power generation;
and renewable and sustainable energy generation. Texas' geography and natural
resources, excellent transportation systems, skilled labor force, and
leadership in environmental research give the state an energy advantage.
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| There are over 830 operational oil and gas rigs in
Texas, 47 percent of the national total. |
As the only state with its own grid,
Texas' electrical transmissions and new energy development are
free from federal regulation. |
Texas is a major
nuclear power generating state, with almost 5000 MW of installed
nuclear power. |
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| Texas leads the nation in installed wind capacity
(12,214 MW), and is home to two of the largest wind farms in the
western hempisphere. |
The energy sector contributes more than $172 billion to
the Texas economy. |
Texas is #1 in total
energy production, biodiesel production capacity, and solar
energy potential. |