- Category: Onshore Wind
01 Sep 2009
- Published on Tuesday, 01 September 2009 11:40
- Hits (1861)
Through its Duke Energy Generation Services unit that develops, owns and operates the company’s renewable assets, Duke Energy has more than 500 MW of wind-power generation projects in operation, which is expected to rise to more than 700 MW by the end of the year. STOCKXPERT
Expanding its renewable energy portfolio, Duke Energy, one of the largest electric utilities in the United States, announced plans to build and operate a 200-megawatt (MW) wind energy project near Casper, Wyoming—the company’s ninth wind farm in the US and its fourth in that state.
Named the “Top of the World Wind Power Project,” the wind farm will be constructed on 17,000 acres of private and public land that Duke Energy holds under a long-term lease in Converse County. Upon its completion by the end of 2010, the wind farm is expected generate enough electricity to power 50,000-60,000 homes annually.
PacifiCorp, which operates as Rocky Mountain Power in Wyoming, has signed a 20-year power purchase agreement (PPA) for all the electricity that will be generated by the wind farm and for the associated renewable energy credits (REC) that it will produce. PacifiCorp has previously signed a PPA to purchase all of the output and RECs from Duke Energy’s 99-MW Campbell Hill Wind Power Project which is expected to come online later this year.
The Top of the World project, to become Duke Energy’s second-largest renewable energy facility, will utilize at least 66 GE turbines with a capacity of 1.5 MW each, which represents the balance of turbines that Duke Energy has agreed to purchase from GE in a procurement order in September 2008. The company is currently conducting negotiations for the remainder of the wind turbine supply to be used in the project.
Aside from Campbell Hill and the Top of the World projects, Duke Energy also owns and operates the 29-MW Happy Jack Wind Power Project in Cheyenne and will soon complete the 42-MW Silver Sage Wind Power Project for a total installed capacity of approximately 370 MW of wind energy in Wyoming by the end of 2010.
Through its Duke Energy Generation Services unit that develops, owns and operates the company’s renewable assets, Duke Energy has more than 500 MW of wind power generation projects in operation. This is expected to rise to more than 700 MW by the end of the year.
The company said it also has an additional 5,000 MW in potential development projects.
- Natassia Y. Laforteza