To achieve its aggressive targets, FPL Energy plans to add at least 2,000 MW of new capacity to its portfolio in the 2007/2008 timeframe and 1,500 to 2,000 MW per year from 2009 through 2012.
The foundation of FPL Energy’s growth plan is a pipeline of wind projects representing more than 14,000 MW in various stages of development and more than one million acres of land under its control across the US.
FPL currently has more than 1,000 MW of new wind projects under construction in Texas, Colorado, Iowa and North Dakota all of which are expected to reach commercial operation by the end of this year.
“Continuation of the tremendous growth we’ve seen in wind energy is not without its challenges,” said Mitch Davidson, president of FPL Energy, adding: “Timely extension of the renewable energy production tax credit along with addressing ongoing transmission and interconnection challenges is vital to our ability to meet these goals and the long-term viability of the wind generation industry.”
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