NewEnergyNews More: Big Southern Utility Wants Wind On The Wires

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  • Tuesday, November 22, 2016

    Big Southern Utility Wants Wind On The Wires

    TVA: The Time to Contract for Clean Line’s Wind Power is Now

    Allie Brown, November 22, 2016 (Tennessee Valley Authority via Clean Energy)

    “…One of the largest renewable energy projects our region has seen will bring huge amounts of cheap wind energy to the South, but utilities like the Tennessee Valley Authority (TVA) must act quickly to make wind power purchase commitments by the end of the year to lock in the lowest cost wind power prices available…The 700-mile Clean Line Plains and Eastern Project is a proposed high voltage direct current (HVDC) transmission line that will deliver 4,000 megawatts of wind energy from the Oklahoma panhandle region…[That power] is four times the output of the Hoover Dam annually…The project is estimated to cost a mere 3 cents per kilowatt-hour. Because there is no fuel cost associated with wind energy, utilities can secure long-term contracts (approximately 20-25 years) and lock in prices…As TVA phases out 18 coal-fired units, Clean Line’s project provides a perfect solution to help fill in the gaps…Critical deadlines regarding the federal production tax credit for wind power are fast approaching…We strongly encourage TVA’s board of directors to immediately contract for at least 1,000 megawatts of wind power on the Plains and Eastern Clean Line…” click here for more

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