in News Departments > New & Noteworthy
print the content item

In light of the recent federal production tax credit (PTC) extension, MidAmerican Energy Co. says it wants to invest $1.9 billion to add up to 1.05 GW of wind generation in Iowa by year-end 2015.

If approved by the Iowa Utilities Board, MidAmerican says the proposed expansion will add to the approximately 2.285 GW of wind generation capacity the company currently owns and operates in Iowa. In addition, the company says the expansion is planned to be built at no net cost to its customers.

“The proposed wind expansion will not only add to MidAmerican Energy’s and Iowa’s position as a national leader in wind generation capacity, it will help reduce future rates to our customers by as much as $10 million per year and further enhance our corporate principle of environmental respect by reducing our carbon footprint by 10.3 percent,” notes Bill Fehrman, president and CEO of MidAmerican Energy.

Gov. Terry Branstad, R-Iowa, a champion for wind energy in the state, commented on the proposal.

“As a leader in wind generation, the state of Iowa welcomes the opportunity to expand our renewable energy portfolio," he said. "MidAmerican Energy’s proposed project will be the largest economic development investment in the history of the state, bringing needed jobs to Iowa, as well as significant economic benefits.”



Trachte Inc._id1770
Latest Top Stories

Alberta Breaks Wind Power Record, Then Does It Again

Last week, the Alberta Electric System Operator recorded new wind production peaks in the Canadian province - highlighting how well the grid integrated the renewable energy.


Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.

Canwea_id1984
Renewable NRG_id1934
Navigant_id1983