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Thursday, Jun 18, 2009 @03:54pm CDT (Denver) NACEL Energy Corporation, a wind power company, today confirmed it has filed an Application for Interconnection with Southwestern Public Service Company for the Company's 30 MW Blue Creek wind power project located in Moore County, Texas. SPS is a regulated utility and owner of electric transmission infrastructure in the Texas Panhandle. NACEL Energy identifies interconnection points in the nation's electric grid, and then leases nearby acreage where 6 to 18 utility class wind turbines can be constructed, without incurring the often significant transmission and related electric infrastructure upgrade costs and delays which can adversely impact other company's wind power projects. The Company's work in this regard is currently focused in Texas, Arizona, Kansas and Illinois. Ameteorological tower was erected at the Company's Blue Creek wind energy project site. According to the Texas State Energy Conservation Office (SECO), the Texas Panhandle exhibits the State's "greatest expanse of high quality winds." Last quarter, the Company commissioned an interim analysis of site wind data collected at Blue Creek and results met expectations. NACEL Energy believes it may be months, or longer, before a final interconnection agreement can be executed with SPS. Commissioning operations at Blue Creek are not expected until July 2010, or later depending on future events. NACEL Energy is one of the first publicly-traded companies in America exclusively developing clean, renewable, utility scale, wind power. NACEL Energy has commenced work at its Blue Creek, Channing Flats, Swisher and Hedley Pointe projects, all located in the Texas Panhandle, and anticipates generating 80 MW, or more, of new wind power upon their completion. In addition, the Company is currently assessing the feasibility of three new project opportunities in Arizona, Kansas and Illinois. NACEL Energy was founded in 2006 and successfully completed its IPO in December 2007. (Copyright 2009 Newsroom Solutions, LLC) |
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