Texas Included in Xcel Energy’s Plan for 3,380MW Wind Energy Investment

Texas Included in Xcel Energy’s Plan for 3,380MW Wind Energy Investment

Mar 22, 2017

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

On 3/21/17, Electric Light & Power reported that “Xcel Energy plans to make the largest multi-state investment in wind power capacity in the country. The company has proposed 11 new wind farms in seven states, which would add a total of 3,380MW of new wind generation to its system…. Xcel Energy’s multi-state investment in wind expanded today as the company submitted a proposal to add 1,230MW of new wind energy in Texas and New Mexico, with the majority owned by the company. It plans to build two wind farms and buy wind energy from another facility through a long-term contract. The projects are expected to save the region’s customers about $2.8 billion over a 30-year period.” The projects in Texas include Hale Wind, a 478MW self-build project located in Hale County, developed by a subsidiary of NextEra Energy Resources, and Bonita, a 230MW power purchase agreement project in Cochran and Crosby Counties, developed by NextEra Energy Resources.

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Posted by CompetitiveAssets on March 22nd, 2017

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