from this morning's Los Angeles Business Journal newsletter (8/18):
Edison Signs Wind Power Deal
By DEBORAH CROWE - 8/18/2008
Los Angeles Business Journal Staff
"Southern California Edison said Monday it has signed a 20-year contract with DCE, an affiliate of Caithness Energy, to provide up to 909 megawatts of wind power.
Once completed, the Caithness Shepherd’s Flat project will be one of the world’s largest fully permitted wind farms, according to SoCal Edison, a division of Rosemead-based Edison International. Financial terms were not disclosed.
The project involves installation of 303 wind turbines across 30 square miles in north-central Oregon in 2011 and 2012. It's expected to generate 2 billion kilowatt-hours per year of renewable energy. The project requires no additional or upgraded transmission lines, Edison said, which will significantly lessen the time it takes for the power plant to come on line." ....
for the complete story
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