- Texas Wind Slow Season Kicks In With A Bang… In this week’s Windometer update, we observe a material decline in the resource of the northwesterly region of Texas, which is home to a large portion of the state’s generation capacity. Declines are to be expected this time of year; however, the dip is even more pronounced to start June than it normally is. In fact, TEX-WN wind speed clocked in 30% below the long-term average during the first week of June, and as this chart shows is well below the expected range to start the month.
- …At Just The Wrong Time. Texas wind resource is seasonally lower in the summer months even as the state’s electricity needs start to rise into cooling season.
- Broader Wind Resource Recedes As Well. Lower wind speeds weren’t just a Texas thing last week. We also noted slower speeds and generation across the nation, with exceptions being the MidAtlantic and NY/NE. On the whole, US wind power generation was down 36% vs. last week and is starting off June down 30% y/y although still up for the quarter to date after a strong April/May.