EDF Renewable Energy to buy 500 MW wind power project

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EDF Renewable Energy entered into a membership interest purchase agreement with Lincoln Renewable Energy to acquire the first phase of the up to 500 MW Hereford Wind Project in Texas.

The project, which has a footprint of about 15,000 acres in Deaf Smith County southeast of the town of Hereford, will take advantage of the competitive renewable energy zone (CREZ) transmission lines connecting the wind energy capacity of the Texas Panhandle to high electricity demand areas in the state.

Construction is expected to commence on the 200 MW first phase later in 2013 to qualify it for the production tax credit (PTC). The purchase is subject to certain conditions precedent, with an option to acquire the second phase of the project.

EDF Renewable Energy is in advanced negotiations to secure a long-term, fixed-price hedge agreement for the expected energy production of the first phase of the project.

Following on from the Spinning Spur (161 MW) and Bobcat Bluff (150 MW) projects commissioned in December 2012, and the Spinning Spur II (161 MW) project presently under construction in the Texas Panhandle, EDF Renewable Energy will soon expand the group’s installed wind capacity in the state to 972 MW.

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D.C. mayor strikes settlement for Exelon, Pepco merger


The new agreement increases Exelon’s originally proposed investment in the District 

Argonne centers connect business with energy storage


The DOE’s Argonne National Laboratory has created two new collaborative centers  

SkyPower announces 500 MW of solar energy projects in Panama


SkyPower will also construct a $50 million solar and environmental research center in Panama

GE Hitachi, DTE Energy to advance ESBWR development


DTE Energy received the first-ever ESBWR-based combined construction and operating license from the NRC

SRP board approves temporary price decrease


SRP instituted a similar temporary reduction (1.1 percent) that began with the 2013 May billing cycle 

Duke Energy destroys powerhouse at coal-fired Cliffside Steam Station


Duke Energy demolished the station's retired powerhouse as part of the company's decommissioning program 

The importance of monitoring all your smart meters


The major advantage of smart meters over electronic and mechanical meters is their connectivity    

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POWERGRID International

May 2015
Volume 20, Issue 5


April 2015
Volume 93, Issue 2