Spanish developer EHN, via its affiliate Energías Eólicas Europeas (EEE), has presented a five year investment plan totalling ESP 140,000 million (EUR 841.4 million) for wind plant development in the eastern region of Valencia. Given average Spanish costs of about ESP 140,000/kW installed, this would suggest an intended installed capacity of 1000 MW. Although EHN's Jose Arrieta was not prepared to confirm this figure, he claimed the plan's full implementation would supply 13% of Valencia's electricity and create 1000 jobs. Valencia imports 38% of its power. Despite EHN's powerful utility backing, its plan seems bold, observers note. A large number of prospective developers are competing for the 50 sites identified by the regional government in a wind plant regulatory bill (Windpower Monthly, February 2000).
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