British in tax credit rush too
Construction work has begun on the first 30 MW of a proposed 250 MW wind farm in Culberson County, Texas, being developed by American National Wind Power, an affiliate of American National Power, based in Houston, and of UK wind energy developer National Wind Power. Both are subsidiaries of National Power PLC, a large UK generator.
The first phase, known as Delaware Mountain wind farm, consists of 40, 750 kW Zond machines. It is being built under a turnkey contract by Enron Wind Corp. Output will be sold to Reliant Energy HL&P and the Lower Colorado River Authority.
Development rights to the Culberson County site were bought by NWP from the bankrupt estate of Kenetech Windpower. If the full 250 MW is built, it will be a huge project. The first phase needs to be completed by June 30 to qualify for the $0.017/kWh Production Tax Credit (PTC), applicable to the first ten years of a wind project's life. The PTC failed to be renewed in Congress last year, though concerted efforts are now being made to reintroduce it. NWP stresses that such an incentive is essential for the viability of wind in the US. "If a suitable regulatory and legislative environment can be achieved, we are ready to invest substantial funds in Texas and elsewhere," says David Butterworth of NWP.