Texas Governor Announces Transmission Expansion, Commitments of $10 Billion for Wind Energy

October 04, 2006

Texas Governor Rick Perry announced he has collected commitments from private companies to invest $10 billion in wind energy, enough to increase generating capacity in the state by 7,000 megawatts (MW). The investment is contingent on the Texas Public Utility Commission (PUC) approving construction of additional transmission capacity to windy areas of the state. In a statement released by the governor's office in Austin, Perry said that the PUC would direct the construction of additional transmission lines.

The commitments come from the leading developers of wind energy systems in the United States:

  • Airtricity in Austin, Texas; $3 billion
  • AES Wind Corporation in Arlington, Virginia; $1 billion
  • Babcock & Brown Wind Partners; $1.5 billion
  • Horizon Wind Energy in Houston, Texas; $1.5 billion
  • PPM Energy in Houston, Texas; $1 billion
  • Renewable Energy Systems in Austin, Texas; $500 million
  • FPL Energy in Juno Beach, Florida; $1.5 billion
  • Gamesa Energy in Philadelphia, Pennsylvania; $1.5 billion

In his statement, Perry said, "With this $10 billion announcement, the economic ripple will be more like a tidal wave as these companies pour millions of dollars into wages and salaries for Texas workers." This summer, Texas became the state with the largest amount of installed wind generating capacity at 2,370 MW. See the governor's October 2 press release.

The next day, Governor Perry attended the groundbreaking of the second phase of construction at the Buffalo Gap Wind Farm in Taylor County. Located in central Texas about 10 miles west of Abilene, the wind power plant will have a total rated capacity of 352.5 MW when the second phase of construction is completed in summer 2007. This will make it one of the largest wind power plants in North America. AES Wind Corporation recently completed phase one of Buffalo Gap. For more information, see the governor's October 3 press release.