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Nuclear power giant Exelon wants to build a wind farm in Ohio
Credit: Tom Knox, Reporter | Columbus Business First | Jun 22, 2016 | www.bizjournals.com ~~
Translate: FROM English | TO English
Translate: FROM English | TO English
Exelon Corp. wants to build its first Ohio wind farm.
The Chicago-based company, the biggest nuclear power generator in the country, plans to install 87 wind turbines with a capacity for 200 megawatts in northern Ohio’s Seneca County, according to a new filing with the Ohio agency that regulates electric generation projects.
Nearly two-thirds of Exelon’s power generation comes from nuclear. Wind power makes up just 4 percent of its portfolio. But since 2012 Exelon (NYSE:EXC) has grown its capacity with 47 projects in 10 states, totaling 1,491 megawatts, making it the 12th-largest wind producer in the country
The Ohio wind farm would cover 25,000 acres in Bloom, Eden, Reed, Scipio and Venice townships, according to Exelon’s notice to the Ohio Power Siting Board.
A number of wind farms are proposed across Ohio, and Columbus utility American Electric Power Company Inc. is interested in building 500 megawatts of wind-powered projects in the state.
But the state has only two large wind firms in operation: the Blue Creek wind farm in Van Wert and Paulding counties and the Timber Road II farm in Paulding County.
Other potential wind farm developers have put their projects on hold, citing in part abundant natural gas availability as a cheap competitor. There are also concerns about the Ohio legislature’s freezing of the state’s renewable energy standards, which lasts until the end of 2016 and could be extended another three years.
Exelon has seen increasing sales but is struggling with its nuclear portfolio.
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