ABB_id2059
in News Departments > New & Noteworthy
print the content item

Houston-based Horizon Wind Energy LLC has signed an agreement with the Ranchland Trust of Kansas (RTK) and The Nature Conservancy of Kansas to invest in prairie ecosystem conservation.

Horizon Wind Energy will invest in a 20,000-acre offsite habitat restoration program, including an anticipated 13,100 acres of permanent conservation easements, which will benefit numerous species of grassland birds, with targeted benefits for the greater prairie-chicken. Horizon's investment agreement, brokered by Wayne Walker Conservation Consulting LLC, will supplement additional investment provided by wildlife conservation groups and state and federal agencies.

The purpose of this venture is to offset the potential onsite impacts of Horizon's Meridian Way Wind Farm - a project with 201 MW of installed capacity - on the greater prairie-chicken and other grassland species. According to the agreement, the conservancy may advance loans to RTK, if needed, to assure timely completion of major habitat restoration and protection work. RTK will hold and manage the associated conservation easements.

"In addition to the habitat rehabilitation and protection benefits, it also sets a solid standard for ecologically responsible wind energy development," says Allan Pollom, the conservancy's Kansas director. "I would urge all wind developers and power purchasers to embrace the reality that concern for our environment extends well beyond the issue of air emissions. We applaud the Ranchland Trust of Kansas for their leadership, as well as Horizon for their enlightened approach to this initiative."

Based upon scientific findings, Horizon Wind Energy committed to fund a voluntary conservation program and included the cost of the ecological offsets program into the wind farm's financial model. When the company responded to utilities' requests for proposals for wind energy, the energy price internalized the projected local environmental impact, which is typically treated as an externality in traditional economic models.

SOURCE: Horizon Wind Energy


Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015