Invenergy proposes 200 MW wind farm

NEBRASKA - A Chicago company submitted plans to build a 200-megawatt wind farm in northeast Nebraska on the same day a new state law encouraging wind power development took effect.

Invenergy submitted a proposal to the Nebraska Power Review Board to spend $448 million installing 133 wind turbines on about 45,000 acres of Antelope and Boone counties. One megawatt is roughly enough to power 200 to 300 American homes for a day.

The American Wind Energy Association says Nebraska ranks sixth in the country for wind-energy potential, but 24th for actual production at the end of last year. One reason is it's the only state where all electric customers are served by publicly owned utilities.

State Sen. Chris Langemeier of Schuyler said Invenergy's application suggests the new wind power law will have a positive impact.

"It also sends a message that Nebraska is officially open for the business of renewable energy development," Langemeier said.

Passed by the Legislature this spring, the law is designed to make it easier for private companies to develop Nebraska wind power. There were concerns about how some of laws governing Nebraska's publicly owned utilities would affect private power developments.

Being the only state where all electric customers are served by publicly owned utilities has helped limit energy costs in Nebraska, but also has limited wind-power development because public utilities couldn't collect federal tax incentives. Wind power costs more than other options, and public utilities are required to deliver the cheapest power possible.

The state power review board will review Invenergy's proposal over the next six months to a year. The board must approve the project before construction can begin.

Invenergy estimates it will take about 10 months to build the wind farm once it is approved.

Related News

Warren Buffett

Warren Buffett’s Secret To Cheap Electricity: Wind

OMAHA NE - In his latest letter to Berkshire Hathaway shareholders, Warren Buffett used the 20th anniversary of Berkshire Hathaway Energy to tout its cheap electricity bills for customers.

When Berkshire purchased the majority share of BHE in 2000, the cost of electricity for its residential customers in Iowa was 8.8 cents per kilowatt-hour (kWh) on average. Since then, these electricity rates have risen at a paltry <1% per year, with a freeze on rate hikes through 2028. As anyone who pays an electricity bill knows, that is an incredible deal.  

As Buffett himself notes with alacrity, “Last year, the rates…

READ MORE
powerline worker

Kenya Power on the spot over inflated electricity bills

READ MORE

A resilient Germany is weathering the energy crunch

READ MORE

nrc power plant

US NRC streamlines licensing for advanced reactors

READ MORE

california impending shortage

California's Next Electricity Headache Is a Looming Shortage

READ MORE