New wind power
project officially opened in Alberta
Sep 22, 2006 - Canada Newswire
All figures are in Canadian dollars
TABER, AB, Sept. 22 /CNW/ - Acciona Wind Energy Canada Inc., Enbridge
Inc., and Suncor Energy Products Inc. today celebrated the opening of
their newest joint venture wind power project in Alberta, a $60 million,
30-megawatt facility located 20 kilometres southwest of Taber.
The facility consists of 20 1.5-megawatt turbines. It is expected to
generate enough clean electricity to power approximately 14,000 Alberta
homes and displace the equivalent of at least 88,000 tonnes of carbon
dioxide per year.
Power generated from the facility is expected to be available to the
grid in late October 2006. In the meantime, the companies will focus on
safely commissioning each turbine and completing the 20 kilometre
transmission line. Once in full service, Acciona will operate the wind
farm.
Wind power is the fastest growing source of electricity in the world
and the companies are working toward being leaders in Canadian wind
power - a clean and renewable energy source that does not produce any
air pollution, and has minimal impact on the environment. Benefits to
the local community also extend to the economy. The project began in
September 2005, creating employment for approximately 160 local people
during the construction phase.
Members of Alberta's Legislative Assembly, Leonard Mitzel for
Cypress-Medicine Hat and Paul Hinman for Cardston-Taber-Warner joined
company executives and guests to officially mark the completion of the
facility known as the Chin Chute Wind Power Project, named after the
Chin Lakes and Chin Coulee.
"The opening of the Chin Chute Wind Power Project increases and
consolidates Acciona's presence in Canada, where we already have a wind
farm in operation in Alberta. This is an excellent partnership, one in
which we continue our efforts in new projects, all at different stages
of development. We are honoured to have the opportunity to expand
zero-emission electricity generation through renewable energies, and to
cooperate with the authorities and businesses in expanding initiatives
that address climate change," said Peter Duprey, CEO of Acciona Energy
North America.
"Wind power projects like Chin Chute further position Enbridge to
become a significant player in developing the fastest growing sector of
electricity generation in North America," said Chuck Szmurlo, President,
Enbridge Wind Power. "Chin Chute is the third wind project Enbridge has
developed in western Canada and we have already initiated a
significantly larger fourth project in Ontario. We have recently
announced a planned transfer of these first three completed western
Canadian projects to our sponsored investment, Enbridge Income Fund and
these projects, together with our proposed Ontario project, represent a
serious investment by Enbridge and the Fund in a sustainable energy
future.
Developing Chin Chute and our other wind power projects is consistent
with our commitment to sound environmental stewardship."
Suncor Energy's Executive Vice President of Natural Gas & Renewable
Energy Dave Byler added, "Today Suncor embarks on its third wind farm.
We remain committed to bringing to market renewable energy that is
economically viable and produces minimal effect on the environment. This
is an exciting milestone for Suncor, and for Alberta."
The project companies have applied for funding under the Canadian
government's Wind Power Production Incentive, which supports wind power
development in Canada.
The companies also announced a joint $30,000 gift to the Municipal
District of Taber in recognition of their support for the wind power
project. The money will go toward the MD's park enhancement fundraising
effort, specifically towards a new amphitheatre, stage area, lighting
structure and sound/projection booth.
Acciona, Enbridge and Suncor own the 30-megawatt Magrath Wind Power
Project in southern Alberta, which was commissioned in 2004 and is now
operated by Acciona. Enbridge and Suncor also own the 11- megawatt
SunBridge project near Gull Lake, Saskatchewan, which Enbridge operates.
Acciona Wind Energy Canada Inc., is a subsidiary of ACCIONA Energa,
the world leader in the renewables sector. In wind power, it has
implemented over 4,000 MW in 152 windparks in 9 countries, of which
2,825 MW are participated in by the company. It has three biomass plants
and 59 MW in small hydro power plants. In the field of solar energy it
has installed 18 MW of photovoltaic power and 19 MW of thermal power,
and is currently constructing - in the United States - the biggest solar
thermal electric power plant to be built in the world in the last 15
years. It manufactures 1,500 KW turbines using in-house technology in
two plants in Spain and one in China, and produces quality homologated
biodiesel.
It belongs to the ACCIONA Group, one of the main Spanish and
international corporations in the development and management of
infrastructures, services and renewable energies, with over 30,000
employees and activities in around twenty countries.
Enbridge Inc. is a Canadian company that is a leader in energy
delivery, in North America and internationally. Enbridge operates, in
Canada and the U.S., the world's longest crude oil and liquids pipeline
system, and owns Canada's largest natural gas utility. The Company has
interests in natural gas transmission systems, and in pipelines in
Colombia and Spain. Through its U.S. affiliate, Enbridge Energy
Partners, L.P., the Company is involved in gas gathering and processing
in the U.S. Gulf Coast and Mid-Continent regions, and owns and operates
a number of U.S. crude oil pipeline and terminal facilities.
The Company also has investments in wind power and fuel cell
projects. Enbridge common shares trade on the Toronto Stock Exchange in
Canada and the New York Stock Exchange in the United States under the
trading symbol "ENB". Information about Enbridge Inc. is available on
the Company's web site at
www.enbridge.com. Enbridge Income Fund is an unincorporated, open-
ended trust created to provide a stable and sustainable flow of
distributable cash to unitholders. The Fund is a premier income fund in
Canada with a low-risk profile focused on energy infrastructure assets.
It owns a 50% interest in the Canadian segment of the Alliance Pipeline,
a 100% interest in Enbridge Pipelines (Saskatchewan) Inc.
and a 50% interest in NRGreen Power Limited Partnership. Enbridge
Income Fund's ordinary units are listed and trade on the Toronto Stock
Exchange under the symbol "ENF.UN". Information about Enbridge Income
Fund is available on the Fund's web site at
www.enbridgeincomefund.com.
Suncor Energy Products Inc. is a wholly-owned subsidiary of Suncor
Energy Inc., an integrated energy company headquartered in Calgary,
Alberta. Suncor's oil sands business, located near Fort McMurray,
Alberta, extracts and upgrades oil sands and markets refinery feedstock
and diesel fuel, while operations throughout Western Canada produce
natural gas. Suncor operates a refining and marketing business in
Ontario with retail distribution under the Sunoco brand. U.S.A.
downstream assets include refining operations in Colorado and retail
sales in the Denver area under the Phillips 66 brand. Suncor's common
shares (symbol: SU) are listed on the Toronto and New York stock
exchanges.
Sunoco in Canada is separate and unrelated to Sunoco in the United
States, which is owned by Sunoco, Inc. of Philadelphia.
This news release contains forward-looking statements identified by
words such as "expected" and "proposed," which is based on Suncor's
current expectations, estimates, projections and assumptions made in
light of its experiences and the risks, uncertainties and other factors
related to its business. Actual events could differ materially as a
result of changes to Suncor's plans and the impact of events, risks and
uncertainties discussed in Suncor's current annual information form,
annual and quarterly reports to shareholders and other documents filed
with regulatory authorities.
© Copyright 2006 NetContent, Inc. Duplication and
distribution restricted.Visit http://www.powermarketers.com/index.shtml
for excellent coverage on your energy news front.
|