Puerto Rico invests $165 million in wind energy

 

San Juan, Oct 20, 2008 -- EFE

The Puerto Rican government announced Monday an investment of $165 million in 20 wind turbines with the goal of reducing its dependency on electricity-producing oil by 20 percent before the year 2015.

Gov. Anibal Acevedo Vila said that the state-owned Electric Energy Authority, or AEE, and the Compaņia de Vientos (Wind Company) of Puerto Rico will reach an accord for the construction of the turbines and the purchase of wind power for 9.12 cents per kilowatt-hour, 18.58 cents below the current price.

The AEE now pays 27.7 cents per kilowatt-hour for the energy generated by gas turbines.

The 20 wind turbines, scheduled to begin operating in 2012, will be installed in the northern town of Arecibo and could generate enough energy for some 14,000 households.

"The installation and operation of the wind turbines will cause no negative impact on the land, which can therefore be used simultaneously for agriculture and raising livestock," Acevedo Vila said in a communique.

The governor insisted that the AEE has as its "maximum priority" lowering the cost of electricity and cutting the island's dependency on oil for 70 percent of its energy needs. EFE

ie/cd

News Provided By