Austin Energy on verge of Texas coastal wind deal
Officials with Texas' Austin Energy said recently that they are close to reaching an agreement to purchase more wind power, which would potentially enable the West Texas region to achieve its renewable energy goals.
According to the Austin American-Statesman, Austin Energy, which is owned by the Texas capital, could soon sign two contracts that would pay approximately $50 million per year for electricity produced by two companies currently constructing wind farms off the coast.
The news source reports that the purchase of wind-generated power would represent the city of Austin's first significant energy agreement since it implemented an aggressive renewable energy policy a little more than one year ago.
While some officials have expressed reservations over the inconsistency of wind power, Michael Osborne, an Austin Energy official negotiating the contracts, explained that the power generated from wind is actually more consistent than most people think.
"This wind is intermittent, like a wave on the beach," Osborne told the news source. "But like a wave on the beach, it's pretty predictable."
According to the Corpus Christi Caller-Times, the coastal wind project could include at least 200 turbines.