Today the Texas Supreme Court denied review of the El Paso Court of Appeals’ opinion in Lyle v. Midway Solar. I discussed the Court of Appeals’ opinion in a prior post. In brief, mineral owners sued a solar farm developer for constructing a solar farm on land under which they…
In all the recent debate about developing alternatives to carbon fuels and China’s continued dependence on coal, it is remarkable to see how far China is ahead of the rest of the world in developing solar power for electric generation. (click on image to enlarge)
A recent report from Deloitte provides a good perspective on the prospects for wind and solar electricity. Some takeaways: Costs of wind and solar are now competitive with coal and gas. “Power purchase agreement (PPA) prices for wind and solar power are also competitive with other resources. The weighted average…
“Electric power markets in the United States are undergoing significant structural change that we believe, based on planning data we collect, will result in the installation of the ability of large-scale battery storage to contribute 10,000 megawatts to the grid between 2021 and 2023—10 times the capacity in 2019.” EIA…
According to the Houston Chronicle, “ERCOT estimates the amount of solar capacity alone could more than double by May 2022, growing to more than 17,000 megawatts from about 7,000 megawatts in April. One megawatt is enough to power about 200 Texas homes on hot summer day.” That’s 3.4 million homes.…
This is from Visual Capitalist (click on image to enlarge):
The El Paso Court of Appeals tangled with the accommodation doctrine in Lyle v. Midway Solar, LLC, No. 08-19-00216-CV, and the mineral owner lost. The Lyles own a 27.5% mineral interest in 315 acres in Pecos County. Gary Drgac owns the surface. Drgac leased the 315 acres to Midway Solar…
Excellent article by Shannon L. Ferrell, Professor at the Department of Agricultural Economics at Oklahoma State University, on negotiating solar leases. You can download it here.