Sundance#1 offline; Alberta Falling Behind On Wind; PEI Wind Farm In Doubt; Utah Nuke Plant Gets Funding

Sundance#1 went offline at 11:48 Friday…Alberta, home of the nation’s first commercial wind farm at Pincher Creek in 1993, now ranks third behind Ontario and Quebec in the generation of electricity from wind. Jurisdictions are aggressively competing for investment in everything from the building and manufacturing of blades, turbines and parts to wind farms themselves. In five years, Texas has built three times more wind capacity than all of Canada. Last year, for the first time, wind was the largest source of new electricity generation built in the U.S…The plan for a new wind farm in Prince Edward Island that would produce 130 megawatts of renewable energy for both domestic and export markets could be dead in the water. The successful bidder was expected to provide energy for the domestic market by Oct. 1, 2012, and be ready to export by Oct. 1, 2013…Blue Castle Holdings signed a private-equity agreement with a Wall Street venture capital firm, LeadDog Capital LP for the construction of a nuclear-generating station near Green River, Utah, providing them with a $30 million cache on which it can draw as it seeks a license from the Nuclear Regulatory Commission. The $30 million is 30 percent of the estimated $100 million that will be required to complete licensing for the proposed 3,000-megawatt nuclear power plant. The Blue Castle project has attracted the interest of more than 15 utilities, which collectively are seeking new sources of 4,500 megawatts. Blue Castle’s application for water rights for the plant is pending before the Utah state engineer’s office.

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