Buffett blowing into Iowa with $1.9 billion wind project

By John Upton | grist

America’s wind energy boom is about to deliver the biggest economic investment in Iowa’s history — and blow a whole lot of cheap, clean electricity into the appliances and light bulbs of the state’s residents.

This wind turbine in Iowa is going to get a lot more company. / Shutterstock : David Lee
This wind turbine in Iowa is going to get a lot more company. / Shutterstock : David Lee

Warren Buffett’s MidAmerican Energy Co. announced it would spend $1.9 billion building new wind turbines in the state, increasing the amount of wind energy generated in Iowa to about 6,000 megawatts, up from 5,000 megawatts today, according to a report in the Des Moines Register. The state aims to have 10,000 megawatts of wind operating by 2020. From the article:

The company said the project would “be built at no net cost to the company’s customers.” The added wind generation is expected to cut consumer rates by $3.3 million in 2015 and grows to $10 million annually by 2017, the company said. “This is real money back in the pockets of Iowans,” [Lt. Gov. Kim] Reynolds [R] said. …

Continued: 

Also: Women in the Wind Industry 

 

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