Printer Friendly

CENTRAL AND SOUTH WEST CORPORATION SELECTED FOR MAJOR WIND-POWER RESEARCH PROGRAM

    DALLAS, Aug. 5 /PRNewswire/ -- Central and South West Corporation (NYSE: CSR) said today it is one of three electric utilities selected by the U.S. Department of Energy and the Electric Power Research Institute to participate in a nationwide wind-power testing program.
    During the next five years, the $40 million program will evaluate advanced wind-turbine technology that is expected to make wind power competitive with electricity generated from fossil fuels.
    Central and South West will receive a $2 million grant toward construction of a wind farm near Fort Davis, Texas.  EPRI will provide an additional $3 million of funding through a dollar-for-dollar cost- sharing program.  The grant will enable Central and South West to expand its project to 6 megawatts from an originally planned 2-megawatt facility costing $3 million.  Six megawatts of electricity can serve approximately 2,000 homes.
    Central and South West began its Fort Davis project in 1992 to investigate the viability of wind power and other renewable energy resources throughout its 152,000-square mile service territory.
    E.R. Brooks, chairman, president and chief executive officer of Central and South West, said the CSW system expects to invest $10 million by 1997 to study how renewable energy technologies could benefit the customers of its four electric utility companies.
    "Research and technological advances could help make wind and solar power affordable alternatives for our customers early in the 21st century," Brooks said.  "We're committed to being good stewards of our environment, and we're proud that EPRI and the DOE endorse our efforts."
    Brooks pointed out that research studies indicate that wind power in Texas alone could supply approximately 10 percent of the electrical needs of the United States.  He said the CSW project will help determine how much of this resource can be practically used as well as the environmental effects of renewable technologies.
    A primary goal of both DOE and EPRI is wind-power research to lower the cost of wind power from the current 7 to 9 cents a kilowatt-hour to 4 cents a kilowatt-hour by the end of the decade. The new wind turbines to be tested in the DOE/EPRI program incorporate many improvements, including more efficient blades, lighter materials, streamlined designs and fewer parts for reduced weight and cost.
    The other two utilities selected for the program are Green Mountain Power Corporation in Vermont and Central Maine Power Company.  The selections were based on the companies' progress in wind power development.  Other factors included geographic diversity and weather conditions.  EPRI and DOE plan to select two or more projects for funding in the second phase of the program, beginning in 1994.  Twenty-one utilities have expressed interest in the second phase.
    Central and South West Corporation, a Dallas-based public utility holding company, owns Central Power and Light Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and West Texas Utilities Company.  These subsidiaries provide electric service to 1.6 million customers in Texas, Oklahoma, Louisiana and Arkansas.  Central and South West also owns Transok, Inc., an Oklahoma intrastate natural gas pipeline subsidiary, and four other subsidiaries.
    The Electric Power Research Institute, headquartered in Palo Alto, California, is the research arm of the electric utility industry.  EPRI manages the technical research and development programs for the industry to improve power production, distribution and use.
    -0-             08/05/93
    CONTACT:  Gerald R. Hunter, director of corporate communications, Central and South West, 214-777-1165
    (CSR) CO:  CENTRAL AND SOUTH WEST CORPORATION IN:  UTI ST:  TX


-- NY082 -- X311 08/05/93
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 5, 1993
Words:581
Previous Article:ANR PIPELINE ARKLA INC. RESTRUCTURE CAPACITY AGREEMENT
Next Article:DIMARK, INC. ELECTS THREE OUTSIDE DIRECTORS
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters