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BP to add wind power projects
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BP Alternative Energy North America Inc. expects to begin construction on five U.S. wind power generation projects in 2007 across four states, including Texas.
The projects – also located in California, Colorado and North Dakota – are expected to deliver a combined generation capacity of 550 megawatts.
BP’s U.S. wind power plans include the potential to develop almost 100 projects with a potential total generating capacity of some 15,000 MW.
The small-scale projects were preceded by strategic deals by the unit of BP PLC (NYSE: BP) in 2006, including an alliance with Clipper Windpower to supply as much as 4,250 MW of wind turbines over the next five years. BP also acquired two U.S. wind development companies – Greenlight Energy Inc. and Orion Energy LLC.
Construction is already under way on one of the larger projects, the Cedar Creek project in Weld County, Colo., a development venture between BP Alternative Energy and Babcock & Brown Operating Partners LP.
The 300 MW wind power generation project will be comprised of 274 wind turbines. Initial operation is expected in the second half of 2007 and when fully commercial, the project will generate enough carbon-free electricity to power 120,000 homes.
The Central Texas location is a 60-MW joint project with Clipper Windpower, while another project in West Texas will be in excess of 100 MW.
Houston Business Journal
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