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Municipal Utilities Explore 100 MW Wind ProjectMarch 2007Fifty-two Iowa municipal utilities and their joint action agencies have committed to a $275,000 study of one or more jointly-owned wind farms. The commitment is based on reservations for 106.3 MW of wind turbine capacity. The project grows out of an IAMU-led effort that investigated sites, costs, and financing options. The work should be completed in two to three months. Utilities signed up for a variety of reasons; most for more than one. Among them are the preference of customers to include renewable energy in their supplies, the likelihood that state or federal policy will require a renewable portfolio standard, the desire to get the economies of scale and risk management opportunities that come with a large, jointly-owned project, and the overwhelming scientific evidence that indicates human impact on climate. |
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To support and strengthen Iowa's municipal utilities |