ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

EDP Renewables repowers wind farm with 2 MW turbines

EDP Renewables North America finished a repowering project at the Blue Canyon II Wind Farm in Carnegie, Oklahoma.

EDP Renewables North America said it finished a repowering project at the Blue Canyon II Wind Farm in Carnegie, Oklahoma.

The company said 73 of Blue Canyon II’s 84 turbines were repowered, along with each turbine’s nacelle, blades and top tower section. The turbines were upgraded from V80 1.8 MW machines to V110 2 MW machines from Vestas. One of EDP’s short-term priorities is the adoption of blade recycling practices across its projects.

Wind repowering enables owners to retrofit power plants on existing sites with new or refurbished technology, including erecting taller, more efficient wind turbines to increase productivity. Repowered projects can often have further cost-saving advantages by using existing grid connections and infrastructure.

Replacing old wind turbines has other benefits beyond cost and productivity gains, including decreased noise and the potential to lessen impacts to local wildlife, according to a study by the International Energy Agency and the National Renewable Energy Laboratory (NREL).

EDP Renewables said its repowering project is expected to increase power production more than 30% annually and extend the project’s life an additional 20 to 30 years. Blue Canyon II came online in 2003.

The largest wind farm in Oklahoma, the 423 MW Blue Canyon Wind Farm includes four phases: a 45-turbine farm, 55-turbine farm, 66-turbine farm, and 84-turbine farm. Its generation is equivalent to the consumption of more than 94,000 homes in the state. The project spans Caddo, Comanche, and Kiowa counties west of Oklahoma City.

EDP Renewables also operates the 100 MW Arbuckle Mountain in Murray and Carter Counties midway between Oklahoma City and Dallas, and the 99 MW Redbed Plains Wind Farm in Grady County, southwest of Oklahoma City.

Oklahoma ranks third among U.S. states in installed wind power capacity with 9,048 MW, according to U.S. Department of Energy statistics. Texas ranks in first with 33,133 MW and Iowa is third with 11,660 MW.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.