California demand for wind power energizes transmission firms
Nichola Groom for Reuters: A firm controlled by Philip Anschutz, the billionaire entertainment and pro sports magnate, will soon build the largest wind farm in the United States to serve utilities in California, where officials have set ambitious green power goals.
The $5 billion project, however, will be constructed 700 miles away in Wyoming, a state better known for coal mines and oil fields.
The vast distance between the two states provides a different Anschutz-owned firm with another big opportunity: a $3 billion project building transmission lines to deliver the power - one of a dozen similar power-line projects by other companies across the West. (Map: How wind power will get from Wyoming to California click here)
In all, about 5,700 miles of transmission lines are in development with the goal of delivering renewable energy to California from other states, according to the Western Interstate Energy Board. Cont'd...
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