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

Puget Sound Energy (PSE), the utility subsidiary of Puget Energy, is pursuing the acquisition of up to approximately 1,100 MW of long-term power supply from seven outside sources to meet the rising energy demands of its customers in the Washington state area.

The seven selected projects were among the 120 bids PSE received after releasing a Request for Proposals last year for up to 1,500 average-MW of new electricity resources. The projects include a large wind farm under development in Oregon, a geothermal facility planned in Idaho, three existing natural-gas-fired power plants in Washington, and two purchased-power agreements not tied to specific generating plants, the company says. If all seven projects are achieved, its current capacity of 4,200 MW of long-term power would increase by more than 25%.

"We believe these resources can help us meet the rising energy demands of our customers at the best prices," says Eric Markell, PSE's senior vice president of energy resources. "What's more, several of them give us the opportunity to further increase the amount of sustainable electricity we provide to our customers."

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim ‘All Of The Above’ On Energy; Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


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.

Hybrid Energy Innovations 2015