Wind farm planned near Groton
Florida-based NextEra Energy Resources, formerly known as FPL Energy, will build, own and operate the Day County Wind Farm. Basin Electric will purchase the electricity.
The wind farm is expected to cost $250 million and be operational in early 2010.
Basin Electric and NextEra Energy are partners in three other wind farms in North Dakota and one in South Dakota. North Dakota-based Basin Electric generates and transmits electricity to member rural electric systems in the Dakotas and other states.
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Global oil demand to decline in 2020 as Coronavirus weighs heavily on markets
LONDON - Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s latest oil market forecast.
The situation remains fluid, creating an extraordinary degree of uncertainty over what the full global impact of the virus will be. In the IEA’s central base case, demand this year drops for the first time since 2009 because of the deep contraction in oil consumption in China, and major disruptions to global travel and trade.
“The coronavirus crisis is affecting a wide range…
