Despite strong headwinds from record low natural gas prices and a saturated renewable energy credit market, the Texas Panhandle continues to attract wind investments. Incentives in the form of federal production tax credits, along with some of the highest quality wind sites, have attracted investors to this region. Recommended transmission options to integrate Lubbock Power & Light into the ERCOT system reduce the risk of negative pricing for future wind development.
ICF still expects additional transmission expansion in the Panhandle to support the surge in wind project demand.
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