« Segway inventor turning his sights towards Stirling engine hybrid | Main | Greenfield Solar’s new concentrator solar generator could revolutionize industry »
T. Boone Pickens wind plan being delayed
By MB-BigB | November 12, 2008
The Pickens Plan is being delayed. Due to falling natural gas prices and the tight credit market, T. Boone Pickens is being forced to temporarily delay his huge Texas wind project, known as the Pickens Plan, which he’s promoting to wean the US off of foreign oil by switching over to wind and natural gas.
The proposed wind farm, at 4,000 megawatts, was going to be the largest wind farm in the world when completed. The shaky credit markets are causing lots of alternative power projects to dial back, but Jay Rosser, a spokesman for Mesa Power, Pickens’ company, says that “…we are still going forward with our wind business.” Pickens says that they are still buying the turbines for the first phase of the project, which will produce 1,000 megawatts of power. Pickens has also said that natural gas prices need to be around $9/Btu for wind power to be competitive - right now natural gas is priced at about $6/Btu. It was over $12/Btu last summer.
Popularity: 52% [?]
Related Posts - Newest Wind Farm Opens in Pennsylvania Pennsylvania's newest wind farm was dedicated today by Gov. Ed Rendell. The Locust Ridge project in Schuylkill County is a fairly small wind power farm, consisting of only 13 turbines....
- NY State Wind Farm Up and Running News 10 Now in Syracuse NY is reporting about the start up of a wind power farm in Lewis County. It's been in the making for seven years, but now...
Related Websites - A Wind Turbine Farm In Your Backyard - Would You Mind? Here in Taos, NM, there is a small company called Taos Wind Power that has been trying to get their...
- Weakonomics Weekend Edition: Host Gator Edition Man it feels like each week is just a mad dash, and then when I hit Saturday it's like soft...
Like this post? Subscribe in a reader
.
Topics: Wind power |
Comments