BP Wind May Upgrade Its U.S. Wind Turbines

BP Wind May Upgrade Its U.S. Wind Turbines

Feb 17, 2017

by Margarita Fournier; Copyright 2016 by Competitive Assets, LLC.  All rights reserved

On 2/16/17, Power Engineering reported that, according to Bloomberg, BP Wind Energy is evaluating whether to update as many as 200 of its wind turbines in U.S. facilities with higher-capacity equipment. If the move is approved, it would add 400MW of capacity to BP’s wind facilities… Laura Folse, CEO of BP Wind Energy, said the upgrade would allow the company to both optimize Texas and Kansas wind facilities and capitalize on production tax credits. BP put an initial investment for replacement turbine parts down in December in order to qualify for the full tax credit, which begins decreasing this year.”

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