Northland Power to build plant in Saskatchewan
Construction will start in July in North Battleford, Saskatchewan, and is scheduled for completion in 2013, Toronto- based Northland said today in a statement. SaskPower, the provinceÂ’s largest electricity distributor, agreed to buy all of the plantÂ’s output for 20 years and to cover any increase in fuel costs, according to the statement.
The 261-megawatt plant, located about 150 kilometers (93 miles) northwest of Saskatoon, will employ General Electric Co. turbines, Northland said. SaskPower, which is owned by the province, agreed in September to a 25-year power-supply contract for a $145 million, 86-megawatt plant that Northland is building in Spy Hill, Saskatchewan.
One megawatt can power about 800 average U.S. homes, according to an estimate by the Energy Department in Washington.
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The 39-year-old is part of a landowner consortium that is hosting the sprawling 300-megawatt Blackspring Ridge Wind Project in southeastern Alberta.
He receives regular lease payments from the $600-million project that came online in 2014, even though none of the 166 towering wind turbines that surround his land are actually on it.
His lease payments stand to rise, however, when and if the…
