Regulators Approve OG&E Contracts With New Wind Farms
January 08 2010 - 4:05PM
PR Newswire (US)
Commission order enables OG&E to double renewable capacity to
550 megawatts OKLAHOMA CITY, Jan. 8 /PRNewswire-FirstCall/ --
OG&E announced today that the Oklahoma Corporation Commission
(OCC) has issued two orders authorizing the company's purchase of
electricity from new wind farms currently being developed in
northwestern Oklahoma. The OCC orders clear the way for OG&E's
customers to receive electricity from a 150-megawatt wind farm
being constructed by CPV Keenan in Woodward County and a
130-megawatt facility being built by Edison Mission Energy in Dewey
County near Taloga. Both wind farms are expected to be in
production by year-end. The Commission approved 20-year
power-purchase agreements, under which the developers will build,
own and operate the wind farms and OG&E will purchase their
electric output. "This process began with competitive bids for more
renewable energy, proceeded to successful negotiation of projects
that will deliver the best-available value to our customers, and
now has earned the approval of the Corporation Commission," said
OG&E spokesman Brian Alford. "With these regulatory orders in
hand, we now look forward to doubling the amount of wind power on
our system." OG&E has 270 megawatts of wind capacity in
production today at the Centennial, Sooner, and OU Spirit wind
farms, all in northwestern Oklahoma near Woodward. With the
addition of the two new facilities to be built this year, OG&E
will have a total of 550 megawatts of wind-generation capacity -
enough to power 125,000 homes on a typical day. OG&E expects to
continue expanding its wind power portfolio to approximately 770
megawatts by 2012. OG&E, which serves more than 776,000
customers in a service territory spanning 30,000 square miles in
Oklahoma and western Arkansas, is a subsidiary of Oklahoma
City-based OGE Energy Corp. (NYSE:OGE), which also is the parent
company of Enogex LLC, a midstream natural gas pipeline business
with principal operations in Oklahoma. DATASOURCE: OGE Energy Corp.
CONTACT: Media, Brian Alford, +1-405-553-3187, or Financial, Todd
Tidwell, +1-405-553-3966, both of OGE Energy Corp. Web Site:
http://www.oge.com/
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