Delmarva to Purchase 100MW Wind Power From Synergics Wind Energy
Posted on: Wednesday, 4 June 2008, 12:00 CDT
Delmarva Power and Maryland-based energy supplier Synergics Wind Energy have signed long-term contracts under which Delmarva would purchase up to 100MW of land-based wind power to help meet its renewable energy goals in the US state of Delaware.
Delmarva Power has executed two 20-year contracts with Synergics, one for up to 40MW of wind energy and renewable energy credits, beginning service in 2009, and the other for up to 60MW of wind energy and renewable energy credits, beginning service in 2010.
The agreements with Synergics represent part of a portfolio of wind energy contracts that Delmarva Power is pursuing for its Delaware residential and small business customers.
Contract negotiations are under way for obtaining additional land-based wind energy and RECs and will be announced in the near future.
Gary Stockbridge, Delmarva Power region president, said: "These contracts demonstrate that, with land-based wind power, we can obtain clean, renewable energy for our Delaware customers at extremely competitive prices and deliver it to them in the next 18 months."
Source: Datamonitor
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