Energy producers in Texas are are adding 8x as much solar capacity (24 GW) as natural gas capacity (3 GW) [1] over 2024-2025. Do you believe that the entire Texas power plant industry is deliberately choosing less profitable and capital inefficient generation?
That could be the case, they may optimistically forecasted or undercounted potential future problems, but at this point in time their calculations seem to show that solar is tremendously more cost efficient to deploy over its expected lifetime.
It could also be the case that there are just subsidies for renewable energy in Texas that tip the balance. But at the scales we are now discussing, 10-20% of total energy generating capacity, the total value of those subsidies would need to be quite tremendous (in the G$ to 10 G$ per year range).
[1] https://www.eia.gov/todayinenergy/detail.php?id=61783#:~:tex....
