Published on March 5th, 2012 | by Zachary Shahan4
Wind Power Project News (3 Stories)
March 5th, 2012 by Zachary Shahan
1. 67-MW Colorado Highland Wind project to come online in 2012. “Tri-State Generation and Transmission Association has signed a 20-year power purchase agreement to buy the electricity from the state’s newest planned renewable energy resource, the 67-megawatt Colorado Highlands Wind project,” GE, which will be providing the project with its wind turbines, notes. “The facility will be built on a 5,200-acre site in northeast Colorado’s Logan County, within the service territory of Tri-State member co-op Highline Electric Association, and is scheduled to be operational by the end of the year.”
2. Ofgen and the UK’s Department of Energy and Climate Change (DECC) have published a new report on how the nation could save bundles of money on offshore wind power development. In particular, but simplified, “a more co-ordinated approach in line with government targets to build 11GW-18GW of wind farm capacity by 2020 could save between £500m and £3.5bn,” the UK’s Business Green reports.
3. Investment in North American wind energy is to hit $145 billion by 2017, a new report by Pike Research finds. “Although the North American wind energy industry lags in key areas compared to Europe and Asia, falling costs and larger, more efficient turbines are helping give rise to a sense of cautious optimism. Home to the second largest wind market in the world – the United States – the region saw a total of 5,784 megawatts of wind capacity installed in 2010. Although 2011 was another difficult year for the industry, today the region accounts for more than 22% of the world’s total installed wind capacity.According to a recent report from Pike Research, installations in the region will pass 125 GW by 2017 – more than doubling from 2011 to 2017 – with onshore installations accounting for more than 97% of that total. Overall, the cleantech market intelligence firm forecasts that approximately $145 billion will be invested in onshore and offshore wind energy installations between 2011 and 2017 in North America.”