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    Home > Chemicals Industry > International Chemical > Sino-American Energy will be the first utility company in the United States to achieve 100% renewable energy

    Sino-American Energy will be the first utility company in the United States to achieve 100% renewable energy

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    With the completion of a $922 million wind farm in 2020, Mid-American Energy will be the first U.
    S.
    investor-owned utility to be powered by 100% renewable energy
    .

    Sino-American Energy will be the first utility company in the United States to achieve 100% renewable energy

    As a utility company owned by Warren Buffett's Berkshire Hathaway, Sino-American Energy began investing in wind power 15 years ago to cope with volatile fuel prices and generate more pollution-free electricity
    .
    Its CEO said federal tax credits for renewable energy projects keep costs low
    .

    "Not having to raise the fees of our customers is an important part
    of our evaluation of these projects.
    " American Energy CEO Adam Wright said in an interview, "We're not just building wind projects
    .

    Headquartered in Des Moines, Iowa, the company serves
    770,000 electric customers.

    With the completion of the twelfth wind project, Sino-American Energy will generate sufficient renewable energy to meet the consumption of
    customers in Iowa's service area.

    Due to the intermittent nature of wind power, the company will continue to use existing natural gas, nuclear and coal-fired power plants and is seeking sites
    to build more wind farms.

    Wind power accounts for more than 35 percent of Iowa's electricity generation, more than any other U.
    S.
    state
    .
    Mid-American Energy's 591 MW Wind XII project requires approval from the Iowa Public Utilities Commission
    .

    With the completion of a $922 million wind farm in 2020, Mid-American Energy will be the first U.
    S.
    investor-owned utility to be powered by 100% renewable energy
    .

    Wind power

    Sino-American Energy will be the first utility company in the United States to achieve 100% renewable energy

    Sino-American Energy will be the first utility company in the United States to achieve 100% renewable energy

    As a utility company owned by Warren Buffett's Berkshire Hathaway, Sino-American Energy began investing in wind power 15 years ago to cope with volatile fuel prices and generate more pollution-free electricity
    .
    Its CEO said federal tax credits for renewable energy projects keep costs low
    .

    "Not having to raise the fees of our customers is an important part
    of our evaluation of these projects.
    " American Energy CEO Adam Wright said in an interview, "We're not just building wind projects
    .

    Headquartered in Des Moines, Iowa, the company serves
    770,000 electric customers.

    With the completion of the twelfth wind project, Sino-American Energy will generate sufficient renewable energy to meet the consumption of
    customers in Iowa's service area.

    Due to the intermittent nature of wind power, the company will continue to use existing natural gas, nuclear and coal-fired power plants and is seeking sites
    to build more wind farms.

    Wind power accounts for more than 35 percent of Iowa's electricity generation, more than any other U.
    S.
    state
    .
    Mid-American Energy's 591 MW Wind XII project requires approval from the Iowa Public Utilities Commission
    .

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