Energie NB Power, a New Brunswick-based publicly owned utility company, is in the final stage of seeking agreements from private developers to provide 200 MW of wind power in the next three years.
NB Power has selected 10 companies to make their final wind proposals. Once the proposals are reviewed, NB Power will then finalize power purchase agreements with the successful bidders. It is expected that this process will be completed in October, with the generation coming online before the end of 2009, the company says.
Evaluation of the proposals will be based on pricing, schedule for development, yearly production and reliability of supply. NB Power will also ensure geographical dispersion of the wind sites to take advantage of the high wind areas across the province.
In addition to its wind initiatives, the company is exploring other options to obtain renewable energy, such as biomass, small hydro and electricity generated from landfill gas.