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



Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015