From Austin Business Journal, August 22, 2008...
Austin Energy is expected to seek approval on Aug. 28 from the City Council for an estimated $2.3 billion, 20-year power purchase agreement with Nacogdoches Power LLC.
As first reported by the Austin Business Journal in July, the agreement would pave the way for Nacogdoches Power to build a biomass plant in East Texas and sell the power to Austin Energy. On Thursday the council postponed the decision for one week.
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Showing posts with label Austin Energy. Show all posts
Showing posts with label Austin Energy. Show all posts
Monday, August 25, 2008
Friday, July 25, 2008
Austin Energy may build $2.3B biomass plant
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.
Read more...
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.
Read more...
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