December 28, 2010

Nebraska's new wind law spurs development

Last spring, Nebraska's state legislature passed Bill 1048 to reduce financial and regulatory barriers that prevented renewable energy project devlopers and provide incentives to spur private development of wind farms across the state.

The new law requires at least 90% of power generated to be exported out of state, and at least 10% of the generated energy be offered for sale to Nebraska’s major energy suppliers.

On the day the new state wind-energy law took effect, it seems to have inspired a proposal for a half-billion-dollar wind farm from Invenergy, the nation’s largest private wind developer.

The farm would have 133 wind turbines and generate over 200 megawatts of power, making it the state’s largest wind farm, and the first owned by a private company to export energy outside the state. It is then expected to take 10 months to construct the 133 turbine project.

No comments:

Post a Comment