T. Boone to build in Wisconsin?

Posted on July 8, 2009. Filed under: Wind |

A story from UPI.com:

DALLAS, July 8 (UPI) — Billionaire U.S. oilman T. Boone Pickens says he is putting aside plans to build the world’s biggest wind turbine farm in the Texas Panhandle.

Jay Rosser, a spokesman for Pickens’s BP Capital Management, said the ambitious, $10 billion effort has been shelved for the time being because of a tight credit market and because electric utilities are opting to build natural gas-fired generators at a time of low gas prices, The Washington Post reported Wednesday.

“Boone still remains committed and focused on developing wind energy in the United States
,” Rosser told the newspaper. “The timing is not as aggressive as he originally outlined because of the collapse of the capital markets and because of the steep downturn of natural gas prices.”

Pickens instead will build three or four smaller-scale wind farms costing $2 billion, telling The New York Times in an interview that he is unsure at this point if he will ever be able to revive the giant wind project.

The Times said Pickens had ordered 687 large wind turbines from General Electric (NYSE:GE) to be placed in the Texas wind farm, but now aims to split them up into smaller farms, possibly in Wisconsin, Oklahoma, Kansas, Texas and Alberta, Canada.


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3 Responses to “T. Boone to build in Wisconsin?”

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Mr. Pickens owns 68,000 acres of land in Texas. That’s just the right amount of land for 687 industrial wind turbines. Why doesn’t he install them on his own property? Wind energy has become so lucrative that it shouldn’t be a problem for him to find his own financing. Perhaps from his oil and gas buddies.

Is Mr. Pickens a NIMBY?

Ever been to West Texas, Kitfox? Ain’t nothin’ but dry land and sky, so maybe you’d even support turbines out there.

Yes, I lived about 10 miles from the west Texas border in Clovis, New Mexico (Cannon AFB) for three years. I know the area well. You did leave out a couple things though, there ain’t nothin’ but dry land, sage brush, and lots of wind. It’s a great location for wind turbines.

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