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Lawsuit claims Tx Panhandle wind farm not financially responsible after winter storm causes frozen turbines 

Credit:  By Tamlyn Cochran | KFDA | March 11, 2021 | www.newschannel10.com ~~

A wind farm in the Texas Panhandle filed a lawsuit, claiming it should not have to pay JP Chase Morgan $71 million after February’s historic snow storm.

The lawsuit claims the storm was an unforeseeable circumstance that caused shortages of electricity when their wind turbines froze.

The wind farm, located in Deaf Smith and Oldham counties, entered a hedge contract with JP Morgan in which the institution agreed to pay a fixed price for stated quantities of electricity from January 1, 2020 through December 31, 2031.

However, court documents say the wind farm was not able to deliver enough electricity when the storm caused the turbines to freeze.

The owners of the wind farm is now looking for judicial declaration that should relieve the wind farm of its requirements during the period of time after the winter storm.

Owners of the facility in Oldham and Deaf Smith counties say the turbines iced over and couldn’t operate for about 10 days.

Their electricity was to go to JP Morgan Chase for resale downstate. At that time, rates went up astronomically because other producers including plants fueled by natural gas were crippled by supply and demand in the record low temperatures.

The wind owners say it was an act of God that allows them not to meet contract demands.

Source:  By Tamlyn Cochran | KFDA | March 11, 2021 | www.newschannel10.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 educational 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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