Friday, December 14, 2012

Colorado wind farm to supply Tri-State power customers - Denver Business Journal:

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The wind farm is to be build by N.C.-based Duke Energy (NYSE: DUK), with powerf supplied to Westminster-based Tri-State under a 20-year power-purchase agreement, Duke said. Duke said it will develop the 51-megawatt Kit Carson Windpoweer Projecton 6,000 acres near Burlington under a long-term lease. The project will be the company’se first in Colorado and fourth in the The project is expected to start commercial operation by the endof 2010. The Kit Carson project will consist of 34 GEwind turbines, each capabl e of generating 1.
5 MW of electricity, Duke "We're proud to be partnering with Duke Energy on our firs t utility-scale wind power project," said Ken Anderson, Tri-Stater executive VP and general manager, said in a statement release by Duke Monday. "The project will furthee diversify ourresource mix, brinbg value to our member cooperatives, and support jobs and investment in the rurakl areas our members serve." Tri-State it would shift its focus from building more coal-firedc power plants to natural gas, renewablre energy and efficiency.
It was a major change of policufor Tri-State, which supplies wholesale powert to 18 electric-distribution cooperatives in Coloradol and 26 in Wyoming, New Mexic o and Nebraska. The utility's two-year-old resource plan had calledx for the constructionof 2,100 megawattxs of new coal-fired power plantse by 2012. Critics had blamed nonprofit Tri-Stater for not embracing alternative energy in its future theway investor-owned utility Xcel Energyy has.
Ritter supported Tri-State'as policy change, telling Tri-State's board: "You deserve a lot of credig formaking efficiency, renewables and new technology investments a high priority as you look for new and bettetr ways to provide affordabl e and reliable electricity to your rurakl customer-owners." Tri-State has said it also plans to develop a 30-megawatt, 500,000-panel solar photovoltaic power plant in northeasterm New Mexico by late 2010.

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