State ulilities buy more renewable power

Xcel Energy is looking to buy an additional 200 megawatts energy from Minnesota-owned wind projects.

The Minneapolis-based utility hopes to add the electricity onto its grid by the end of 2008, the Pioneer Press reported. The company says it will save ratepayers about $10 million a year. Pacific Gas & Electric Co. and San Diego Gas & Electric also recently called for more renewable electricity purchases.

Community-Based Energy Development, or C-BED, developers were asked to submit proposals by April 20 to take part in the deal with Xcel. There's state legislation created in 2005 that promotes locally owned alternative energy.

About 1,100 megawatts of energy from wind-powered turbines is expected in Xcel's grid by the end of this year. That's the equivalent of about 11 percent of Xcel's output.

In addition to the power purchase agreements, there are plans for a $210 million, 100-megawatt wind farm to be built by 2009. Xcel must get 30 percent of its energy from renewable resources by 2020 under a state mandate signed by Gov. Tim Pawlenty.

In order to receive rebates, plans for renewable energy projects must be finalized by the end of 2008. Local ownership would mean more of the money generated by wind projects stays in the state.

Related News

sheerness power plant

Alberta gives $40M to help workers transition from coal power jobs

EDMONTON - Alberta is putting aside $40 million to help workers losing their jobs as the province transitions away from thermal coal mines and coal-fired power plants over the next decade.

Labour Minister Christina Gray says the money will top up benefits to 75 per cent of a worker’s previous earnings during the time they collect employment insurance.

Alberta is asking the federal government to not claw back existing benefits as the province tops up those EI benefits, while also extending EI benefits for retiring coal workers.

Gray says even if the federal government does not step up, the province will provide the…

READ MORE
US nuclear innovation act

US nuclear innovation act becomes law

READ MORE

nyc empty streets

Covid-19 is reshaping the electric rhythms of New York City

READ MORE

saskpower building

Sask. Party pledges 10% rebate on SaskPower electricity bills

READ MORE

ontario nuclear

Ontario confronts reality of being short of electricity in the coming years

READ MORE