Xcel obtains Texas approval for 1.23-GW wind expansion
Wind park in Texas. Author: Rockin'Rita. License: Creative Commons, Attribution-NonCommercial-NoDerivs 2.0 Generic.
US utility Xcel Energy (NYSE:XEL) has secured approval from Texas regulators for a plan that will add 1,230 MW of wind power generation in Texas and New Mexico.
The Public Utility Commission of Texas has given its consent, in a verbal form, to the utility’s proposal to build two wind parks in the two states and to an additional power purchase agreement (PPA), Xcel said on Friday. Following a discussion, the regulator will issue a written order and approve it at a later meeting. The New Mexico Public Regulation Commission gave its support to the proposal in March.
As part of the ambitions plan, worth USD 1.6 billion (EUR 1.3bn), Xcel will build the 522-MW Sagamore wind farm in Roosevelt County, New Mexico, and the 478-MW Hale park in Hale County, Texas. In addition, it will enter a long-term PPA tied to the 230-MW Bonita wind project that is developed by NextEra Energy Resources in Texas’ Cochran and Crosby Counties.
Construction on the Hale wind farm is slated to begin next month, while for the larger project it will be initiated in 2019. Once up and running, the plants are seen to generate enough power for about 360,000 households.
Wanzek Construction has been selected to build the Hale and Sagamore wind farms, scheduled for completion in 2019 and end-2020, respectively.
Xcel anticipates its plan to bring average monthly fuel savings of around USD 2 for a typical residential customer from 2021 onwards, it said.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.