Heffee
   
Login
Become a Heffer
Heffee uses a formula that takes into account the input from websites, moderators and expecially the users to decide which news across the internet is the most important. Users can create their own customized feeds, save pages and articles from across the web, and subscribe to their favorite news outlets.

Register with Heffee Integrate Heffee





Advertisement

621,785
366
182
Oilman T. Boone Pickens drops $2 billion on wind power

Abstract

Filed under:

It looks like wind power in the United States is getting a boost from a somewhat unexpected source, with billionaire oilman T. Boone Pickens recently announcing that he's spending $2 billion to build a 667 wind turbine-strong wind farm in Texas. That would translate to roughly 1,000 megawatts of electricity, or enough to power about 300,000 homes, but Pickens says that is only the start of what he has in mind. As he tells CNN, Pickens says he plans to expand the wind farm to a full 4,000 megawatts by 2015, which would likely make it the biggest wind farm in the world. What's more, in addition to pumping out electricity, the wind turbines would give a boost to the pocketbooks of anyone willing to put 'em on their property, with Pickens estimating that each turbine will generate about $20,000 a year in royalty income, although they apparently won't get electricity straight from the turbine in their backyard.

Read - CNN, "Billionaire oilman backs wind power"
Read - Reuters, "T. Boone Pickens orders 667 GE wind turbines"
Permalink | Email this | Comments

Article Details


Article Awards:


*Awards based on a combination of variables from both users and Heffee moderators. (983.10)
Site: Engadget
Feed: Gadgets ()
Url: http://www.engadget.com/2008/0...
Views: 3
Added On: 2008-05-20 12:50:46

Incoming


None

Saved By


Apparently Nobody

 

© 2004 Minds Eye One, All Rights Reserved
Heffee™ is a trademark of Minds Eye One
Change of ownership coming soon