|
From our November 2, 2000,
edition.
Utilities
announce joint wind power project
TXU
Electric & Gas and American Electric Power (AEP) jointly announce
announced Tuesday a new 130-megawatt wind power project.
The
contract establishes TXU Electric & Gas as one of the nation’s
leaders in wind power purchasing with contracts to buy 361.5 megawatts
from various wind power projects. In announcing this agreement, AEP
distinguishes itself as a premier national developer of wind power
projects with plans to continue adding to its portfolio.
AEP
is the parent company of AEP-West Texas Utilities, which provides
electricity to Clarendon and Hedley. TXU is a local provider of natural
gas services.
TXU
Electric & Gas will buy power produced by the 130-megawatt Trent Mesa
Project in West Texas for at least ten years. AEP will develop, own,
operate, and maintain the project. AEP
will also be involved in the project’s construction.
Financial terms of the contract were not disclosed.
AEP
plans to begin construction of the 87 wind turbines in November on a West
Texas site just south of Interstate 20 about 24 miles west of Abilene. AEP
expects more than 515 million-kilowatt hours of electricity will be
generated annually at the site, enough to supply about 30,000 homes for
TXU Electric & Gas customers. TXU Electric & Gas customers should
begin receiving energy from the project after its completion in August
2001.
The
Trent Mesa Project is the fourth major wind power agreement reached by TXU
Electric & Gas. Including
this agreement, TXU Electric & Gas has contracted to purchase more
than 1.3 billion-kilowatt hours of renewable energy annually from several
wind farms in West Texas. TXU Electric & Gas projects it will have
enough wind capacity from these agreements to fuel approximately 75,000
homes.
“TXU
Electric & Gas is a national leader in supporting wind power,” said
Steve Philley, who directed this project while vice president of TXU
Electric Energy Supply and is now chief executive of TXU Australia.
“Under
the Texas deregulation law, this places TXU Electric & Gas at almost
twice the amount of renewable energy initially required under the new
State of Texas legislative mandates.
The Trent Mesa Project is another indication of the clean air
commitment of TXU Electric & Gas.
“We
began our commitment to wind power in the early 1990s, sending out
requests for proposals to develop wind farms.
In just a few months’ time, we have announced three major
agreements that firmly establish wind power as a viable energy option, and
we are pleased to add this agreement to our energy portfolio,” Philley
said.
“We
believe that wind power has become more commercially viable in today’s
market. We see exciting opportunities in North America as natural gas
prices continue to remain volatile. We are very pleased to work with TXU
Electric & Gas on this project,” said Dwayne L. Hart, AEP Energy
Services Vice President of Business Development and Strategy. “This
project adds an exciting new opportunity to AEP’s generation development
segment.”
AEP
has established a special website for the Trent Mesa Project. The address
of the site is http://www.trentmesa.com.
|