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Parent Of REP To Develop Nation's First Major Energy Facility Co-Locating Wind, Solar, Storage
February 13,2019 Portland General Electric Company and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc., announced plans to construct a new energy facility in Eastern Oregon combining 300 megawatts of wind generation with 50 megawatts of solar generation and 30 megawatts of battery storage. RetailEnergyX.com had first reported in October that NextEra had signed, "its first transaction in which a customer is combining wind energy with the largest combined solar energy and battery storage facility announced in the U.S. to date, to best match its load profile at the lowest cost." "The new project, called the Wheatridge Renewable Energy Facility, will be the first of this scale in North America to co-locate and integrate these three technologies," PGE said Swaggart Wind Power, LLC began development and permitting of the Wheatridge wind farm in 2009. Swaggart is an affiliate of MAP Energy. The project was then acquired by a NextEra Energy Resources subsidiary in 2017. NextEra and PGE expanded the project scope to include solar generation and battery storage. PGE will own 100 megawatts of the wind project. A subsidiary of NextEra Energy Resources will own the balance of the project and sell its output to PGE under 30-year power purchase agreements. NextEra Energy Resources' subsidiary will build and operate the combined facility. The split ownership and PPA structure will allow the two energy companies to share project risks and benefits, PGE said Power from the facility will be generated by 120 wind turbines manufactured by GE Renewable Energy, Inc. The wind farm will be located just north of Lexington, Oregon, in Morrow County. The specific equipment to be used at the associated solar farm and battery storage facility is still to be determined. The wind component of the facility will be operational by December 2020. Construction of the solar and battery components is planned for 2021 PGE expects to invest approximately $160 million for its owned portion of the project. The Wheatridge project was the prevailing bid submitted in response to a request for proposals for renewable resources PGE issued in May 2018. The agreements signed by PGE and NextEra Energy Resources' subsidiary will be subject to prudency review on customers' behalf by the Oregon Public Utility Commission. The agreements are also subject to approval by NextEra Energy management, which is anticipated in March.
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