Friday, December 31, 2010

Berkshire Unit Bets on Iowa Wind Energy

MidAmerican Energy Co. and Siemens have reached a deal for the construction of 258 wind turbines in western and central Iowa, the companies announced Tuesday.  The turbines will generate more than 593 megawatts of energy, or enough to power 190,000 homes, the companies said. They'll be installed across five Iowa counties in 2011.

Harold Prior, executive director of the Iowa Wind Energy Association, called the deal 'significant' in that it would increase Iowa's production capacity of 3,760 megawatts by almost 16 percent.

Congress' approval of a one-year investment tax credit and a decision by the Federal Energy Regulatory Commission that allows the cost of building wind energy transmission lines to be shared by customers will allow foster wind energy development in Iowa, Prior predicted. Read more at Bloomberg.com

No comments:

Post a Comment