Energy Industry
Industry: Email Alert RSS FeedMinnesota Power to Buy All Wind Energy from Two New C-BED Facilities
Energy Resource, May 1, 2007
ENERGY RESOURCE-1 May 2007-Minnesota Power to Buy All Wind Energy from Two New C-BED Facilities(C)2007 JeraOne - http://www.jeraone.com
Minnesota Power, an ALLETE company, has agreed to the 20-year purchase of all of the energy and capacity from two Community Based Energy Development (C-BED) wind generation facilities proposed to be built in west-central Minnesota.
The projects, in Todd and Otter Tail counties, will utilize 2.5 megawatt (MW) turbines--the largest ever erected in Minnesota. The initiative represents the first C-BED projects undertaken by Minnesota Power. Passed by the Minnesota Legislature in 2005, C-BED is a statewide directive intended to encourage investment in community wind energy projects.
Most RecentEnergy Articles
- EPA May Get Muzzled by Murkowski Afterall
- Chesapeake's Joint Venture Strategy Hooks Another Foreign Energy Company
- Food Fight: Big Beef Challenges EPA Climate Change Finding
- Five Delayed Cleantech Innovations 2010 Still Won't Bring
- Top Energy Stories of 2009: Volatility, Exxon's Nat Gas Bet and Ethanol...
- More »
The turbines are manufactured by Nordex, a German-based company with nearly 3,000 wind turbines in service worldwide and more than 20 years of experience in the wind energy industry. Each of its N90 turbines will spin atop a 260-foot-tall tower and feature a 295-foot wingspan.
The site of the proposed facilities is within Minnesota Power's electric service territory near Hewitt, Minn. Barnesville, Minn.-based Bear Creek Wind Partners, LLC will build, own and operate the turbines. Developers expect the initial Nordex turbine to be operational in June 2007.
After implementation of the initial Nordex turbine, 12 additional turbines will be installed resulting in a wind development with a total installed capacity of 32.5 MW, which is expected to operational by the end of 2008.
Since 2005 Minnesota Power has contracted to purchase all the wind energy and associated capacity from approximately 130 megawatts of wind projects to serve its customers. Most recently, Minnesota Power issued a February 2007 Resource Request soliciting peaking and baseload proposals, as well as renewable (wind, biomass, hydro) proposals of 20 MW to 200 MW which are due May 1, 2007.
((Comments on this story may be sent to newsdesk@scitech21.com))
((Distributed via M2 Communications Ltd - http://www.m2.com))
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Research and Markets: Asia - Mobile Communication Tables of Statistics
- Reinsurance Rates Decline at January 1, 2010 Reinsurance Renewal, According to Annual Guy Carpenter Briefing
- Samsung Unveils the Next Generation of Camera – the NX10
- Harman Consumer America Implements Powerful New Retail Distribution Strategy
- MyShape® Premieres New Line of CJ by Cookie Johnson Jeans
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions



