Warren Buffett’s Utility Is Turning From Coal To Wind

PacifiCorp Looks To Expand Wind Energy As Coal Plants Retire

Cassandra Profita, June 29, 2017

“…[Warren Buffett’s PacifiCorp six-state electric utility company] is moving forward with a 20-year plan that reduces its use of coal-fired power while expanding investments in wind energy…[It] has proposed spending $3.5 billion on a plan to add 1,100 megawatts of new wind energy — mostly in Wyoming — as well as a new transmission line…The plan will also re-power wind turbines in the Columbia River Gorge by adding bigger turbine blades and upgrading equipment inside the turbines to increase their energy output by an average of 20 percent…PacifiCorp currently gets nearly 60 percent of its electricity from coal-fired power plants…[But by 2036, according to the utility’s 2017 long term plan,] coal will make up 31 percent of the company’s energy mix…[and] wind and solar will grow from 15 percent today to 22 percent…Natural gas will make up a 30 percent of the utility’s energy mix by 2036, up from 14 percent today…” click here for more

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