Thursday, May 15, 2008

T. Boone Pickens Gets Into The Wind Power Business

Oil men are not stupid, they can read which way the wind is blowing. That’s true of T. Boone Pickens, legendary oil man from the panhandle. His company Mesa Power LLC just placed a $2 billion order with GE for wind turbines.

He plans to erect the turbines in a wind farm on his land that will generate 1000 megawatts of electricity, a little more than a nuclear plant. Pickens is buying 667 of the giant wind turbines which represents just the first phase of his power project. When complete it will generate 4000 megawatts of power.

The Public Utility Commission is working on transmission lines to accommodate new wind power though Pampa lies outside the current area, it may still be connected. Pickens says if the commission fails to connect his wind farm, he will build his own transmission lines.

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