Two announcements came out this week about wind power purchases for large urban utilities. In the northeast, The Ripley Wind Power Project will now be sending power to Ontario’s Independent Electricity System Operator. The wind project is a joint venture between Acciona Energy and Suncor Energy Products Inc. The 76-megawatt facility is just one small part of the 15,700 megawatts of renewable energy Ontario plans to implement by 2025.
The second announcement comes from the southwest where UPC Wind has signed a 20-year power purchase agreement with the city of Los Angeles to provide power from its Utah-based Milford Wind Corridor project. L.A. will receive 185 megawatts from the project while nearby Burbank and Pasadena will get 10MW and 5MW, respectively.
While a federal renewable portfolio standard was removed from the Energy Bill, many cities and regions have set their own goals to increase the amount percentage of renewable energy they purchase. Additionally, by financing specific projects, purchasers are helping dictate where new green collar jobs will be going. Power purchase agreements between municipalities and specific renewable energy projects will likely finance numerous clean tech endeavors as the shift to a green economy is led by individual cities and states.