Tri-State to buy wind energy from Duke Energy

Duke Energy Corp. has launched commercial operation of the Kit Carson Windpower Project, a 51-megawatt wind farm near Burlington in eastern Colorado, the company reported Monday.

Power from the 6,000-acre wind farm — which uses 34 General Electric turbines, each generating 1.5 megawatts — will be sold to Westminster-based Tri-State Generation and Transmission Association. Tri-State has a 20-year purchase power agreement with Duke (NYSE: DUK), based in Charlotte, N.C.

When operating at full capacity, the wind farm will be capable of supporting between 12,000 and 14,000 average homes, according to Tri-State.

Terms of the deal weren’t disclosed. The farm started commercial operations on Nov. 19.

Colorado now has 1,292 megawatts worth of wind farms operating, according to the Interwest Energy Alliance, a wind energy trade group based in Lakewood.

At full capacity, Colorado's wind farms can support 387,600 homes, based on the Washington, D.C.-based American Wind Energy Association’s estimate that one megawatt of wind power can support 300 homes.

Read more in the Denver Business Journal.


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