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Summary:

T. Boone Pickens, our favorite Texas-oil-baron-turned-wind-wildcatter, has placed an order for 667 wind turbines from GE for a total cost of $2 billion. The turbines will have a generating capacity of 1,000 megawatts, enough to power 300,000 homes. The order was made through Pickens’ Mesa Power […]

T. Boone Pickens, our favorite Texas-oil-baron-turned-wind-wildcatter, has placed an order for 667 wind turbines from GE for a total cost of $2 billion. The turbines will have a generating capacity of 1,000 megawatts, enough to power 300,000 homes. The order was made through Pickens’ Mesa Power for his Pampa Wind Project in the Texas Panhandle, which he aims to turn into the world’s largest wind farm, generating some 4,000 megawatts of power as early as 2014.

This has been a week of big wind announcements. The Department of Energy released a report optimistically predicting America’s ability to satisfy 20 percent of its electricity needs with wind power by 2030. Across the pond, Scottish & Southern Energy awarded $3 billion in contracts to Texas-based Fluor and Germany’s Siemens to create the world’s largest offshore wind farm. The Greater Gabbard project would produce 504 megawatts and SSE plans to have power generation start by 2011.


Pickens, who made his billions in the Texas oil industry and founded BP Capital Management, has become a very vocal opponent of long-term oil investments, predicting that oil will hit $150 a barrel. And speaking yesterday at the 2008 Alternative Fuels and Vehicles Conference and Expo in Las Vegas, Pickens had some strong words against biofuels, saying:

“Biofuels will never amount to but 5 percent of the requirement of this country…Ethanol is a sad deal…It’s an ugly baby…”

After his speech he sat down with reporters and discussed energy politics, during which he stressed that transmission issues are still the biggest problem facing America’s energy supply. He also said he wants to see the equivalent of the Eisenhower highway system for power distribution.

Transmission lines are no doubt adding to the cost of building wind farms in Texas. The state could spend anywhere between $2.95 billion and $6.38 billion on laying new lines, according to a recent report. And T. Boone Pickens has also said his wind farm will cost as much as $10 billion to build.

By Craig Rubens

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  1. Will Obama be the Eisenhower of transmission lines?

    Hard to say. Also, what is the optimal level of subsidy for that sort of thing? Would heavy government money lead to wastefulness and cronyism? Probably.

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  2. [...] T. Boone Pickens Orders $2B of Wind Turbines: Our favorite Texas-oil-baron-turned-wind-wildcatter, has placed an order for 667 wind turbines from GE for a total cost of $2 billion. This is just the start of his plan to build the world’s largest wind farm which he says will have a capacity of 4 gigawatts. [...]

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  3. [...] including the cost of building his own transmission lines, will cost a bloomin’ $12 billion. He’s already put in an order for at least $2 billion worth of wind turbines from GE, which is enough to power 300,000 homes (the [...]

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  4. I want to know how to get ahold of Mr Pickens. I have the same situation in Washington and want to do basically the same thing. My husband, on the other hand, does not want to invest or get involved. Anyone know how to get ahold of Mr Pickens?

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  5. I think this is the way to go. I saw a video on GreenEnergyTV.com about Google’s REchargeIt car, electric car, plug in powered by solar and this can be powered by wind too. This is the way to go America!

    Here is a link to this cool video: http://greenenergytv.com/Watch.aspx?1077011807

    Jacob

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  6. Jerry Heithoff Friday, July 11, 2008

    Dear Mr. Pickens,

    I have farmed for more than 30 yrs. I have also drilled irrigation wells when i was younger. I am currently a director of the Upper Elkhorn Natural Resource District here in notheast NE. I have a plan for not only Nebraska but for the entire country as well. I would very much appreciate meeting with you to discuss issue’s from education to Washington, D. C.

    Sincerely,

    Jerry Heithoff
    52455 839RD
    Elgin, NE. 68636

    402-843-8815

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  7. Soren Nielsen Sunday, July 13, 2008

    Dear Mr. T.Boone Pickens,

    My name is Soren Nielsen and I am a native of Denmark,my home town in Denmark is Brande where the Siemens Wind Power Company is located.

    I now live in the Dallas Fort Worth Area, I would like to meet with you to discuss the possibility of working for you,as I might be an asset for you working in your “Plan” for wind power in the future.

    I respectfully thank you in advance,

    Soren Nielsen.

    3425 wendell Drive
    Fort Worth,Tx 76117

    Ph:817-834-3580

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  8. Ron DeRogatis Sunday, July 13, 2008

    Hello T Bone
    I would love more than anything, the chance to work on this noble endeavor along with you.
    I have additional ideas to thin out a predetermined % of our equipment, (to decrease great loose in your present areas should something happen). along your corridor. This separate market would be handled differently, and reach and appeal to a different segment of energy users. Different Politics, Different How to.
    Presently, I map utilities,design, and QC their Plants.As a Project Manager I can bring a lot to the table. I need a meaning that will help define my propose on the planet.
    Please, call or email. I will leave my time open on whichever day and time you setup to reach me.

    Ron DeRogatis
    15775 86th Road North
    Loxahatchee, FL 33470-2838

    561-791-1404
    Rx202020@yahoo.com

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  9. I’m a dedicated musician/singer/songwriter that has written and recorded over sixty songs in the past two and a half years. I write mostly music with a positive message, and I could help you with your message to promote your wonderful products. You may listen at

    http://profile.myspace.com/index.cfm?fuseaction=user.viewprofile&friendid=79724708

    Mark Christopher
    817-454-7298
    Fort Worth, Texas

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  10. Rebecca Phillips Sunday, July 20, 2008

    I ask the same question I keep hearing….why is this intelligent, generous man with a huge social conscience NOT RUNNING FOR PRESIDENT? Now is the time we need someone like him the most.

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