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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 ~~

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.

Source:  Tom Knox, Reporter | Columbus Business First | Jun 22, 2016 | www.bizjournals.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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