metro
05-20-2008, 09:00 AM
This is much better than the coal-fired junk OG&E was proposing last year...We need to plan a sustainable future, not a fuel based future.
OG&E's unveils green energy plan
Daily Oklahoman
By Jack Money
Business Writer
Oklahoma Gas and Electric Co. proposes building a, high-capacity electrical transmission line between Woodward and Oklahoma City that allow customers to choose "100 percent green” in their electricity buy.
OG&E on Monday filed its plan with the Oklahoma Corporation Commission, asking that its request to build the 345 kilovolt line, and pass along the costs to customers, be approved by the end of July.
The utility said it needs quick action so it can keep plans to build the $211 million transmission line on schedule at the current costs and to assure its wind farm development can be coordinated effectively with the availability of the new transmission capacity, utility officials said Monday.
OG&E said it wants to begin providing a renewable energy option, and the line, which could carry from 700 and 1,000 megawatts, is an important first step, officials said Monday.
"The comprehensive filing reflects our integrated approach to renewables development in Oklahoma,” said Pete Delaney, chairman, president and chief executive of the utility's parent, OGE Energy Corp.
"OG&E is seeking permission to not only build the infrastructure requested to provide a much greater supply of wind energy, but ... to enable our customers to be 100 percent green in their electricity purchase.”
The cost of the plan to the average residential customer — including the cost of adding both the transmission line and expected wind generation the utility outlines in its request — is estimated at $1.50 per month in 2010.
The filing also details the utility's commitment to quadruple its wind energy capacity in the state to 770 megawatts.
"Wind energy has great value as a hedge against increasing natural gas prices and the potential cost associated with federal greenhouse gas legislation,” Delaney said.
With approval from the commission, the OG&E renewable energy purchase program could be implemented early next year with the company's existing 170 MW of wind generation. The program would be expanded as new wind generation capacity comes in 2010 and again by 2012.
Utility officials said the new line is required because existing transmission facilities in the area are nearly at capacity. The new line will be used to transport electricity produced by current and future wind farms in northwestern Oklahoma, regardless of what companies own them, to the Oklahoma City area.
Revenues from carrying that power will help offset the cost to OG&E customers of building the line, officials said.
Oklahoma needs $3.4 billion in electrical line construction to upgrade its high-voltage grid and harvest all the wind power coming out of the panhandles of Oklahoma and Texas, a study completed earlier this year said.
Once the lines are in place, though, the study also estimates that power generated by quickly-growing wind farms in the Panhandle could be sold to other power markets such as Chicago and Atlanta for as much as $2.4 billion a year.
OG&E's unveils green energy plan
Daily Oklahoman
By Jack Money
Business Writer
Oklahoma Gas and Electric Co. proposes building a, high-capacity electrical transmission line between Woodward and Oklahoma City that allow customers to choose "100 percent green” in their electricity buy.
OG&E on Monday filed its plan with the Oklahoma Corporation Commission, asking that its request to build the 345 kilovolt line, and pass along the costs to customers, be approved by the end of July.
The utility said it needs quick action so it can keep plans to build the $211 million transmission line on schedule at the current costs and to assure its wind farm development can be coordinated effectively with the availability of the new transmission capacity, utility officials said Monday.
OG&E said it wants to begin providing a renewable energy option, and the line, which could carry from 700 and 1,000 megawatts, is an important first step, officials said Monday.
"The comprehensive filing reflects our integrated approach to renewables development in Oklahoma,” said Pete Delaney, chairman, president and chief executive of the utility's parent, OGE Energy Corp.
"OG&E is seeking permission to not only build the infrastructure requested to provide a much greater supply of wind energy, but ... to enable our customers to be 100 percent green in their electricity purchase.”
The cost of the plan to the average residential customer — including the cost of adding both the transmission line and expected wind generation the utility outlines in its request — is estimated at $1.50 per month in 2010.
The filing also details the utility's commitment to quadruple its wind energy capacity in the state to 770 megawatts.
"Wind energy has great value as a hedge against increasing natural gas prices and the potential cost associated with federal greenhouse gas legislation,” Delaney said.
With approval from the commission, the OG&E renewable energy purchase program could be implemented early next year with the company's existing 170 MW of wind generation. The program would be expanded as new wind generation capacity comes in 2010 and again by 2012.
Utility officials said the new line is required because existing transmission facilities in the area are nearly at capacity. The new line will be used to transport electricity produced by current and future wind farms in northwestern Oklahoma, regardless of what companies own them, to the Oklahoma City area.
Revenues from carrying that power will help offset the cost to OG&E customers of building the line, officials said.
Oklahoma needs $3.4 billion in electrical line construction to upgrade its high-voltage grid and harvest all the wind power coming out of the panhandles of Oklahoma and Texas, a study completed earlier this year said.
Once the lines are in place, though, the study also estimates that power generated by quickly-growing wind farms in the Panhandle could be sold to other power markets such as Chicago and Atlanta for as much as $2.4 billion a year.