28 March 2017 2017 09:15 AM GMT

Xcel Files 1,230 MW Wind Proposal Claiming $2.8Bn Customer Savings Over 30 Years

USA – Xcel Energy has filed a proposal this week, with the New Mexico Public Regulation Commission (NMPRC) and the Public Utility Commission of Texas (PUCT) that the utility company forecasts will save customers located in both states approximately $2.8 billion over a 30-year period. The company had recently announced plans to add 1,230 megawatts of wind energy to its New Mexico and Texas energy generation mix, most of which would come from facilities it owned, and had constructed.

Xcel is seeking approval from the NMPRC and PUCT to construct the 522-megawatt Sagamore wind facility in New Mexico and the 478 megawatt Hale wind facility in Texas as well as a long-term purchase power agreement in Texas for 230 megawatts supplied by the Bonita wind facility.

The company also requests regulators approve allowing the company to amend the Certificate of Convenience & Necessity (CCN) to allow construction and inclusion of these projects, and approval of certain rate-making principles. The three wind projects are contingent on regulatory approval.

Xcel estimates $2.8 billion in customer savings over 30 years would be borne from integrating the lower-cost wind energy resources into the company’s energy portfolio. The additional 1,230 megawatts of wind energy is enough electricity to power more than 440,000 typical homes, according to figures provided by Xcel.

“Our Texas and New Mexico customers expect us to deliver on our pledge to support longterm economic growth in our communities while ensuring reliable and affordable energy,” said David Hudson, President of Xcel Energy’s Texas & New Mexico Region. “The decision to add additional wind generation is purely in the economic interest of our customers. By taking advantage of tax credits before they expire, these projects will allow us to produce wind energy at a cost lower than energy produced from our coal and natural gas-fueled plants, and pass those savings directly to our customers.”

This wind initiative is part of an overall corporate strategy to invest in infrastructure projects that lower the cost of energy production. Energy production in the south-west is often affected by volatility in the natural gas markets. In New Mexico and Texas, natural gas is used to generate close to 40 percent of the energy delivered to Xcel Energy customers.

Xcel Energy has been the top utility wind energy provider nationally for 12 years and is ranked fourth nationwide for delivering renewable energy. Currently, the company has close to 1600 megawatts of wind energy available in its Texas-New Mexico generation mix, which contributes to more than 22 percent of the carbon-free electricity for customers.

In Roosevelt County, New Mexico, approximately 20 miles south of Portales, Xcel Energy has entered into an agreement to purchase the Sagamore Wind Project from Invenergy LLC. This facility will be capable of generating 522 megawatts, enough to power about 194,000 homes. The Sagamore project is expected to be in service by the end of 2020. Total project cost is $865 million.

NextEra Energy Resources has developed wind projects for Xcel Energy outside of Texas and New Mexico, and in 2016, Xcel Energy began purchasing solar energy from a NextEra Energy Resources-developed project near Roswell, N.M.

The finalisation of the agreements for the new wind facilities is conditional upon the approval of utility commissions in both New Mexico and Texas, a process which could take up to a year to be completed.

August 5th 2017
Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Invenergy and GE Renewable Energy have announced a 2GW wind farm that will be the largest in the U.S. and second-largest in the world, once operational, in 2020. The Wind Catcher facility is under construction in the Oklahoma panhandle and will use 800 state-of-the-art GE 2.5 MW turbines. It will link more than 1.1 million customers with wind energy harvested domestically, saving them more than $7 billion, and will support 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. “Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky.

August 17th 2017
Siemens Gamesa Installs Asia’s Tallest Turbines, Whilst Stepping Up Integration

Siemens Gamesa has set a new record in Asia by installing this year the tallest wind turbines on the continent. The turbines are equipped with 153-metre tall towers, and with the 56-metre blades, they reach a total height of 210 metres. Presently, a major focus for the company is the integration of the entities of Siemens and Gamesa. This has the objective of realising the new company’s substantial potential, thanks to its bigger scale and global reach: a presence in more than 90 countries, an installed base of 75 GW, and an order book of €21bn.

August 14th 2017
Offshore Wind Drives 6.1 GW Of European Wind Installations In First Half Of 2017

6.1 GW of extra wind energy capacity was installed in Europe in the first half of 2017, according to figures released by WindEurope. The figure puts Europe on course for a bumper year for installations, although hides some worrying trends. WindEurope Chief Policy Officer, Pierre Tardieu, said: “We are on track for a good year in wind capacity installations but growth is driven by a handful of markets. At least ten EU countries have yet to install a single MW so far this year. Although this won’t translate into lower installations for another few years, the industry needs clarity on volumes for the post-2020 period to maintain the current cost reduction trend”.

August 9th 2017
35% Of German Electricity Consumption Now From Renewables: Grid Challenges Ahead

The Centre for Solar Energy and Hydrogen Research in Baden-Württemberg (ZSW) and the German Association of Energy and Water Industries (BDEW) have stated in an initial assessment that electricity generated from clean energy accounted for 35% of Germany’s consumption in 1H 2017. It’s the first time that this mark has been reached. The total share of electricity generated from renewables was up 2% from last year. The growth from onshore wind was 13.6%; offshore wind saw the steepest growth at 47.5%; growth from biomass increased by 2.2%, whilst the growth from PV systems was 13.5%, compared with the 1H 2016.

July 28th 2017
TELE-FONIKA Kable Acquires JDR, Strengths Position In Offshore, Subsea Sectors

JDR Cable Systems (Holdings) Ltd., a leading supplier of subsea umbilicals and power cables to the offshore energy industry, has announced that it is to be acquired by TELE-FONIKA Kable. TFKable is a leading global producer of wires and cables. Both companies have a long history of collaboration, with TFKable being JDR’s important business partner providing water blocked power cores for its cable and umbilical systems. JDR’s subsea systems, used in the global offshore oil, gas and renewable industries, allow its customers to power and control their offshore operations, and will enhance the range of cable solutions TFKable can provide to its customers.