State ulilities buy more renewable power
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
U.S. Residents Averaged Fewer Power Outages in 2022
WASHINGTON - In 2022, U.S. electricity consumers on average experienced about 5.5 hours of power disruptions, a decrease from nearly two hours compared to 2021. This information comes from the latest Annual Electric Power Industry Report. The reduction in yearly power interruptions primarily resulted from fewer significant events in 2022 compared to the previous year.
Since 2013, excluding major events, the annual average duration of power interruptions has consistently hovered around two hours. Factors contributing to major power disruptions include weather-related incidents, vegetation interference near power lines, and specific utility practices. To assess the reliability of U.S. electric utilities, two key…
