A Community Wind Project to Set the Bar
Once completed, DPCW will be America’s largest community wind farm and will rank among the country’s largest wind projects ever built.
As the fifth windiest state, South Dakota offers impressive potential and many astute investors agree that wind energy is a wise investment. A recent decision by Warren Buffett’s utility company, MidAmerican Energy, to order close to $1 billion of wind turbines for use in projects in Iowa highlights how a drop in equipment costs is making renewable energy more competitive with power from fossil fuels. Hedge funds and private equity firms from D.E. Shaw & Co. to KKR & Co. are also ramping up their investments in renewable energy projects.
At DPCW the first of several meteorological towers were erected in April of 2014. This is the first step in determining the viability of the local wind regime. Additional towers, spread throughout the project footprint, will follow in the next few months. The DPCW project is slated to connect with the Rock Island Clean Line, a 500-mile transmission line that will deliver energy from the Midwest to states in the east where the demand for clean, renewable energy is great.
Located within the DPCW footprint is an existing large-capacity natural gas pipeline; Tenaska, ranked by Forbes Magazine as the 35th largest U.S. private company, has developed over 9,000 megawatts of primarily natural gas projects, and is interested in building a large natural gas-fueled power plant within Lincoln County in conjunction with the Dakota Power Community Wind project. With a Tenaska partnership, DPCW has the opportunity to provide the cleanest, reliable firm power to high-priced power markets on the east coast.
Learn more about the Dakota Power Community Wind project and the Rock Island Clean Line project in recent news articles:
Understanding Wind Energy
Click here to learn about the equipment, the safety precautions taken, the implications of the energy outputs and more.