Response To King-Datta Re: Time-Varying Rates
A response to the article by Chris King and Bonnie Datta in our December 2015 issue.
A response to the article by Chris King and Bonnie Datta in our December 2015 issue.
Southern Power’s first wind project, the 299-MW Kay Wind facility in Kay County, Oklahoma, is fully operational. The electricity and associated renewable energy credits (RECs) generated by the facility will be sold under 20-year PPAs with Westar Energy and Grand River Dam Authority (GRDA). Westar Energy has contracted for approximately 199 MW, and GRDA has contracted for approximately 100 MW. Both companies will have the option to either keep or sell the RECs.
Google signed a deal with EDF Renewable Energy (EDF RE) to purchase renewable energy for its data center. The PPA will provide Google with the full output of the 201-MW Great Western Wind Project located in Woodward and Ellis counties near the base of the Oklahoma panhandle. The project will commence construction in the first quarter of 2016 and be fully operational by end of the year. Great Western will be comprised of 30 V117 (unit capacity of 3.3 MW) and 51 V100 (unit capacity of 2.2 MW) wind turbines supplied by Vestas.
Time-varying rates is an effective way to satisfy customer demands.
NextEra Energy Partners completed its previously announced agreement to acquire approximately 664 MW of operating renewable power generation assets from the sponsor, NextEra Energy Resources. The additional facilities include: Ashtabula Wind III, a 62.4-MW wind generating facility located in Barnes County, N.D.; Baldwin, a 102.4-MW wind generating facility located in Burleigh County, N.D.; Mammoth Plains, a 198.9-MW wind generating facility located in Dewey and Blaine Counties, Okla.; and Stateline, a 300-MW wind generating facility located on the border of
El Paso Electric named Mary Kipp president; Edison International appointed Ronald L. Litzinger and Pedro J. Pizarro presidents at subsidiaries; OGE Energy promoted Sean Trauschke to president; Alan Oshima was named Hawaiian Electric’s president and CEO; Plus board of directors changes at ISO New England and sPower; VP appointments at GDF SUEZ Energy Resources NA, and Georgia Power; and others…
The TUCO-to-Woodward 345-kV transmission line between Xcel Energy's TUCO Substation was energized when a connection was made with an Oklahoma line segment built by Oklahoma Gas and Electric (OG&E). Xcel Energy built the line from TUCO to just east of the Texas-Oklahoma boundary in Beckham County, Okla. The OG&E segment connects from the Beckham County site to Woodward, Okla.
Taking Resiliency One Step Further
Time-varying rates from the get-go – not just by opt-in.
Florida Power & Light Company (FPL) plans to invest in long-term natural gas supplies, which the company believes will save customers money and keep fuel costs lower. FPL is partnering with PetroQuest Energy, to develop up to 38 natural gas production wells in the Woodford Shale region in southeastern Oklahoma. PetroQuest will oversee and operate those wells. FPL will receive a portion of the natural gas produced from each well for its use.