Iberdrola planning large pumped-storage plant
The 850-megawatt (MW) Muela II Hydroelectric Power Plant will be added to the Cortes-Muela Hydroelectric Complex to increase pumping capacity from 555 MW to 1,110 MW and for the complex to reach a total power output of 1,260 MW.
The $304 million project began construction in March 2007 on the Jucar River in Spain.
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Could selling renewable energy be Alberta's next big thing?
CALGARY - Alberta has big potential when it comes to providing renewable energy, advocates say.
The Pembina Institute says the practice of corporations committing to buy renewable energy is just taking off in Canada, and Alberta has both the energy sector and the skilled workforce to provide it.
Earlier this week, a company owned by U.S. billionaire Warren Buffett announced a large new wind farm near Medicine Hat. It has a buyer for the power.
Sara Hastings-Simon, director of the Pembina's Business Renewables Centre, says this is part of a trend.
"We're talking about the practice of corporate institutions purchasing renewables to meet their…
