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Selected tag(s): CREZ

Google, Microsoft and BBVA Compass Commit to Texas Wind Because It Makes Good Business Sense

Source: Earth Techling

Source: Earth Techling

This commentary originally appeared on our Texas Clean Air Matters blog.  

As we highlighted a few weeks back, Texas is on a new path to accelerating its clean, renewable energy economy.  The opening of the Competitive Renewable Energy Zones (CREZ) now enables more West and Panhandle wind turbines to fuel the state’s major metropolises, and the completion of the project couldn’t come soon enough.

A number of companies are looking to grow and invest in Texas, thanks to its plentiful, clean wind power.  Google, Microsoft and BBVA Compass are leading the charge and signing long-term agreements to purchase Texas wind energy.  These contracts lock in considerable revenue for the state and guarantee Texas’ ranking as the number one wind-producing state in the nation.  In fact, West Texas wind has outpaced the growth of coal, natural gas and all other fuel sources that supply the grid, according to a recent report by the U.S. Energy Information Administration.

In September, Google added to its growing stock of renewable energy by purchasing the entire output of a 240-megawatt wind farm (enough energy to power 84,000 homes) outside Amarillo to power its Oklahoma data center.  Late in November, Microsoft signed a 20-year contract to purchase all of the energy from a 110-megawatt wind farm outside Fort Worth to power its San Antonio data center.  And BBVA Compass recently signed a 10-year agreement with Choice! Energy Services, a Houston-based retail energy broker, to power its Texas branches exclusively with wind and solar energy. Read More »

Posted in Renewable Energy, Texas / Also tagged | Read 1 Response

Fueling Cities with West Texas Wind as CREZ Comes Online

Marita MirzatunyAs we approach the end of 2013, Texas’ power grid is soon to embark on a new clean energy path.  While most people don’t get too excited about electrical transmission and distribution lines, the much awaited Competitive Renewable Energy Zone (CREZ) transmission project– set to come online in a few weeks and roll out through 2014 – could be the exception.

Approved by the Public Utility Commission of Texas (PUCT) in 2008, CREZ is a 3,600 mile transmission line that will connect remote West Texas wind energy to the eastern cities that need its power – 18,500 megawatts of power to be exact.  This is enough power to energize 3.7 million to 7.4 million homes and increase available wind power supply by a whopping 50 percent.

Much like some other wind-rich regions in the country, wind in the West and Panhandle regions of Texas was partially unused, or curtailed, because local communities could not use all of the available supply  and the state’s current, outmoded electric grid could not efficiently deliver the abundant energy to high-demand eastern cities.  This "congestion" bottleneck forced wind farms to lower prices and at times pay the utilities to take their electricity. Read More »

Posted in Renewable Energy, Texas, Utility Business Models / Tagged | Read 2 Responses