Alaska utility says wind farm power cheaper
June 27, 2010
From the Associated Press: The Golden Valley Electric Association says a wind farm near Healy could prevent increases in customer rates because it would likely produce cheaper power than wholesale prices the utility pays. The proposed $93 million Eva Creek wind farm would be the largest in the state and could produce power for a full cent less than Golden Valley’s current wholesale price, which is about 10.6 cents per kilowatt-hour.
Kate Lamal, a vice president for the utility, said Tuesday during a presentation on plans for the wind farm that it should be able to deliver 9 megawatts of power. Lamal also said years of data on wind patterns are strong enough to secure loans and a $2 million renewable-energy grant from the state has paid for studies of road access, bird migration patterns and integration with Golden Valley’s existing energy portfolio. Read more