Sunday, April 10, 2011

New Wind Farm Sells Its Energy and Energy Credits

Posted By on Sun, Apr 10, 2011 at 2:53 PM

A new wind project, under construction in Elmore County, has struck two big deals: one, to sell its power to Idaho Power; and the second, to sell 14 years of renewable energy credits to a Seattle utility.

Construction began earlier this month at the Sawtooth Wind Project, being built on a sugar beet farm 60 miles east of Boise. The 22 megawatt project is expected to be complete by December. Fourteen wind turbines are expected to generate an average energy supply for 14,000 homes.

Seattle City Light (the 10th largest public utility in the United States) reached an agrement late last week to purchase all of the renewable energy credits from the Sawtooth Wind Project from 2015 to 2029 for approximately $1 million per year.

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