From Austin Business Journal, July 25, 2008...
Austin Energy will soon seek approval from the City Council for a 20-year, $2.3 billion contract to build a biomass plant in East Texas that would significantly boost the utility's renewable energy portfolio.
The utility has a letter of intent with Nacogdoches Power LLC, which would develop and operate the 100-megawatt plant, Austin Energy Chief Operating Officer Michael McCluskey says. Austin Energy would be the sole buyer of the power from that plant, which would be fueled by waste wood from lumber and mill operations.
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Friday, July 25, 2008
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