Invenergy proposes 200 MW wind farm


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Invenergy Nebraska Wind Farm Proposal outlines a $448 million, 133-turbine renewable energy project across 45,000 acres, reviewed by the Nebraska Power Review Board, amid public utilities rules, missed federal tax incentives, and strong AWEA potential.

 

Top Insights

An application to build a 133-turbine, $448M wind farm in Antelope and Boone counties, pending state approval.

  • $448M investment; 133 turbines across 45,000 acres
  • State board review 6-12 months; build time ~10 months
  • Public utilities structure limits federal tax incentives
  • New law streamlines private renewable development
  • AWEA: Nebraska 6th potential, 24th production

 

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, even as wind farms spread across rural areas nationwide, 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 on Nebraska communities across the state as well.

"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 across the state. 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 such as wind incentives available to private developers. 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, with area farms eager to benefit, once it is approved.

 

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