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Bureau of Land Management.
After the last permits are secured, attention will begin turning toward selling the wind farm's power. In filings with the state, Power Company of Wyoming said it planned to contribute $1.68 billion of the estimated $4.79 billion in construction costs. It will seek to raise the remaining $3.11 billion through debt.
In meetings with Brown's office, Power Company of Wyoming representatives have argued that California needs renewable energy from inside and outside the state, Miller said.
The no impact findingmarks the second government action in favor of the project in as many weeks. Last week, the Wyoming Industrial Siting Council voted 7 0 to grant the nearly $5 billion facility a state permit.
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The study is one of two site specific environmental analyses to be done by the BLM. Both stem from a wider 2012 assessment, which approved the wind farm.
An eagle take permit would allow the wind farm to kill a specified number of eagles and other raptors annually in exchange for conservation measures aimed at reducing avian deaths. Department of Fish and Wildlife is expected next year.
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Power Company of Wyoming's strategy has been to remove the risk associated with the project by completely securing all permits before seeking agreements to sell the wind farm's power, Miller said.
Sierra Madre receives another permit
The BLM assessments will likely be finalized sometime this year, leaving only an environmental study of a transmission line serving the wind farm and an eagle take permit for the first 500 turbines to be completed.
The second BLM assessment concerns the siting of the first 500 wind turbines.
components to the 219,707 acre development.
"Gov. Brown has a position that is fully understandable," Miller said. "He is, after all, the governor of the state of California. He would like to use as many California resources for the California market as possible."
However, California's energy needs outstrip the state's ability to meet Nike Shorts Men Dri Fit
The environmental assessment released this week considers the infrastructure needed to serve the project. The wind farm's construction plans call for a new rail yard off the Union Pacific line to deliver equipment and Nike Tech Fleece Joggers Sale
The company has spent $45 million on the project to date.
But efforts to sell Wyoming wind in the nation's most populous state have met a hurdle in the form of Gov. Jerry Brown, a Democrat, who would prefer to see California meet its renewable energy standard with electricity produced inside the state.
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A decision has yet to be made on whether to offer utilities equity in the project or to sign agreements with power supplies to buy the wind farm's electricity, Miller said. The ultimate financing plan will likely be a combination of equity investments and power purchase agreements, he said.
Power Nike T Shirts Kids Company of Wyoming, an Anschutz subsidiary, is the firm seeking to build the wind farm.
The BLM will hold two public meetings to discuss the findings of its first environmental assessment. The first will be held Aug. 25 at the Platte Valley Community Center in Saratoga. The second will be held the following day in Rawlins at the Jeffrey Center. The public will have until Sept. Passionate views, pointed criticism and critical thinking are welcome. Name calling, crude language and personal abuse are not welcome. Moderators will monitor comments with an eye toward maintaining a high level of civility in this forum. Our comment policy explains the rules of the road for registered commenters.
"For any economy to be competitive, you need competitive energy prices," Miller said.
Power Company of Wyoming is also looking to Nevada and Arizona as possible buyers of Chokecherry and Sierra Madre's electricity.
Chokecherry and Sierra Madre would represent about 10.5 million megawatt hours annually, or between 12 and 14 percent of what California needs to achieve that aim.
Plans also call for a rock quarry to provide the stone for a new haul road running to the facility.
them, Miller argued. Wyoming wind, by contrast, is cheap and reliable, he said.
"There is a lot going on," said Power Company of Wyoming CEO Bill Miller. "We're extremely pleased with the approval of the ISC and the permit they will issue as a result of the hearing last week."
rely on convincing California to buy Chokecherry and Sierra Madre's power. The Golden State will require 33 percent of all its electricity to come from renewable sources by 2020.
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