Economy

Quanta to build Wind Catcher Tie Line

Quanta to build Wind Catcher Tie Line”

Last year, Texas wind farms generated more than 57.5 million megawatts per hour, about 25% of all the wind energy generated in the U.S., according to the Department of Energy. And Texas, Oklahoma, Kansas, and Colorado make up four of the top six states in the country when it comes to wind production. There are no fuel costs associated with the wind energy and the dedicated tie line ensures delivery of the energy without incurring congestion costs associated with existing power lines in the region, according to Whiteford.

New wind, solar and other renewables are being built at a fast enough rate in those states that they may easily meet those targets, said Galen Barbose, a Berkeley Lab research scientist and the report's author. Until recently, most electric companies would buy electricity from wind farms owned by a different company without investing much in the farm itself. And in April, the chief executive officer of Xcel Energy Inc. said he'd use it to help add 3.4 gigawatts of new wind energy over the next five years.

The wind farm and transmission line are expected to save utility customers more than $7 billion over 25 years, said the companies' press release.

"We're increasingly hearing from customers large and small that they want additional clean energy resources", McHenry said.

Here's how it works: Some utilities that for years contracted to buy electricity from wind and solar farm owners are now shifting away from these so-called power purchase agreements, or PPAs.

"We will also have to file for approval on the Wind Catcher project on July 31", Whiteford said.

There are 14,004 megawatts of wind projects now under construction around the country.

With the cost of building solar and wind farms sliding and electricity demand weakening, owning renewables is a more attractive proposition than ever for utilities.

"We will have to see which is the largest in the end", Firestone said.

An electric utility that serves about 113,000 customers in western Arkansas says it plans to buy a significant portion of the nation's largest wind farm, now being built in the Oklahoma panhandle and scheduled for completion in 2020.



Like this

loading...
loading...

Latest


02 August 2017
Largest Wind Farm in US Will Supply Power to OK, TX Panhandles
Invenergy is proud to work with PSO and SWEPCO and serve their customers from the project for decades to come. Once completed, the Wind Catcher project will contribute heavily to Oklahoma's wind energy capacity.

02 August 2017
Black Caps hopeful of day night Test against England this summer
The drainage overhaul at Napier's McLean Park continues, resulting in the loss of hosting rights for a Pakistan ODI match. Mount Maunganui's Bay Oval will host three night time T20 internationals under the new lights at the ground.

02 August 2017
RAW: It's a chip party, a microchip party
They will be able to use these to log in to computers, activate snack machines and perform other minor office activities. Company executives insist that convenience - not being "Big Brother" - is the motivation for the program.

02 August 2017
Glorious Goodwood: Stradivarius beats favourite Big Orange in Goodwood Cup
Provided it's not too bad, I think he'll run a really good race". "But the victor is probably a very good horse. Stradivarius , a 3-year-old colt by Sea The Stars, has won 4 of 7 starts for owner Bjorn Nielsen.

02 August 2017
New Insight into World's Greatest Extinction
The End-Permian Extinction, also known as the Permian-Triassic extinction event or the Great Permian Extinction, is the greatest known extinction event ever.

02 August 2017
Boston Scientific Corporation (BSX) Ownership Increased by Pioneer Investment Management Inc
The company's shares were given away at $27.87 per share worth to an income of some $278,700 on account of Pratt Timothy A . Shell Asset Management Co. increased its position in shares of Boston Scientific Corporation by 4.2% in the second quarter.

02 August 2017
Scaramucci's day gets even worse as Harvard accidentally declares him dead
Following the phone call, Kimmel looked at his audience and simply asked, "How did we lose The Mooch already?!" As for Jimmy Kimmel , the ABC host said he had an "exclusive interview " with Scaramucci over the phone.

02 August 2017
Sen. Lindsey Graham: Trump Says War With North Korea an Option
Pacific Air Forces joined their counterparts from South Korea and Japan in sequenced bilateral missions yesterday. That indicates progress toward North Korea's goal of developing a missile capable of hitting United States cities.

02 August 2017
Manipur HSLC class 10 compartment exam result 2017 declared at bsem
The Manipur HSLC class 10th main exam was on from 17 March to 4 April 2017 at various centers across Manipur state. Almost 35,000 students gave the exam for Class 10 Board exams in 2016 for which the passing percentage was 61.52.

02 August 2017
Leclerc heads day one of Budapest test for Ferrari
For my first time in the vehicle , completing 119 laps and not being far from Valtteri - I'm pretty pleased with that". Lance Stroll was another man running long distances all day, and ending the session P5 for Williams.