Wind Energy in Texas Gets $10 Billion Boost
Oct 2006 news report
Private companies to invest billions in wind projects if Public Utility Commission constructs the transmission lines.
by Sara Parker, RenewableEnergyAccess.com
Excerpts:
1. Texas Governor Rick Perry announced a major public-private initiative this week that could increase wind-generated energy in the Lone Star State by approximately 7,000 megawatts. Eight companies have committed to invest a combined $10 billion-plus in new wind projects -- as long as the state's Public Utility Commission constructs the necessary transmission lines.
2. Texas, which has abundant wind energy, particularly in West Texas and along the gulf cost, surpassed California as the nation's leader in wind generation capacity earlier this summer.
3. The council's report, issued in December 2004, recommended that by 2025, 10 percent of the state's power needs come from renewable sources and that the PUC takes steps to overcome transmission obstacles that limit the development of renewable energy sources.
Companies & personalities mentioned: Andrew Bowman, Airtricity Inc., senior vice president, Phil Wilson, Deputy Chief of Staff at Governor Perry's office, AES Wind Generation; Babcock & Brown, LP; Horizon Wind Energy; PPM Energy; Renewable Energy Systems; Florida Power & Light Company; and Gamesa Energy.
Full report here
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