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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (25769)11/27/2002 4:12:15 AM
From: Snowshoe  Read Replies (1) of 74559
 
Curse of the Wind Turns to Farmers' Blessing
serve.com

Minnesota is just ninth on the list, but utility officials say the winds that blow across Buffalo Ridge, in the far southwestern corner of the state, are tough to beat.

At an average speed of 15 miles an hour, the winds there generate nearly twice as much electricity as 12- mile-an-hour winds, because the total power generated is a function of wind speed cubed. Xcel Energy, Minnesota's largest utility, buys the electricity under contract for three to four cents a kilowatt-hour, not much more than the cost of power generated by gas-fired turbines, the current source of choice for utilities seeking new capacity.
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