NewEnergyNews More: OKLAHOMA UTILITY IN BUYS WIND TO BEAT POWER PRICES

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    • Tuesday, October 15, 2013

    OKLAHOMA UTILITY IN BUYS WIND TO BEAT POWER PRICES

    Oklahoma Utility Signs Up For 600 MW Of Wind Power

    October 11, 2013 (North American Windpower)

    "Citing ‘extraordinary pricing opportunities,’ Public Service Co. of Oklahoma (PSO) has decided to enter deals for 600 MW of wind power, even though the utility had originally only sought 200 MW…PSO says it signed 20-year renewable energy purchase agreements (REPAs) for a total 598.7 MW from three wind projects currently under development in Oklahoma. If approved by regulators, the contracts would provide PSO with energy beginning Jan. 1, 2016…The utility says it decided to contract for an additional 400 MW because of low prices, and the company expects it could save an estimated $53 million…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 7:12 AM

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