NedPower Mount Storm Wind Project Completed
December 08 2008 - 5:35PM
PR Newswire (US)
- First Dominion wind facility in growing renewable portfolio MT.
STORM, W.Va., Dec. 8 /PRNewswire-FirstCall/ -- Dominion (NYSE:D)
and Shell WindEnergy Inc. (Shell) (NYSE:RDS-ANYSE:RDS-B) announced
today the completion of the NedPower Mount Storm LLC wind energy
project in which they each own a 50% interest. Sited along the high
ridges of West Virginia, the project is now fully operational,
generating up to 264 megawatts of electricity from a renewable
energy source for the mid-Atlantic power grid. (Photo:
http://www.newscom.com/cgi-bin/prnh/20081208/LAM545) NedPower Mount
Storm, whose construction began in 2006, is located about 120 miles
west of Washington, D.C. in Grant County, West Virginia. The
project consists of 132 wind turbines along 12 miles of the
Allegheny Front, and can generate enough electricity to serve about
66,000 homes and businesses. Thomas F. Farrell II, Dominion's
chairman, president and chief executive officer, said: "Dominion
has about 1,300 megawatts of renewable generation in operation,
under construction or in development. Renewables, conservation and
other forms of generation - including clean coal and emissions-free
nuclear - can and must play increasingly important roles in
providing for America's energy needs." Marvin Odum, president of
Shell Oil Company, said: "The NedPower Mount Storm project provides
emissions-free power from a non-depleting source into a market
serving the populous mid-Atlantic region of the United States. The
delivery of this project not only adds to the economic activity of
West Virginia but also contributes to the diversity of energy
supplies we need in order to meet the energy challenge facing the
United States. With the completion of NedPower Mount Storm, Shell
is involved in wind projects with an overall capacity of 1,100 MW."
Output from the wind farm will be sold into PJM Interconnection, a
regional transmission operator and wholesale electricity market
serving 51 million people in 13 states and the District of
Columbia. Note to Editors: 1. According to the American Wind Energy
Association, the U.S. wind industry installed about 1,400 MW of new
wind capacity in the third quarter of the year (2008) bringing the
total installed capacity to over 4,200 MW in the year and over
21,000 MW overall. Some 8,000 MW more are under construction for
completion this year or next year.
http://www.awea.org/publications/reports/3Q08.pdf 2. The NedPower
Mount Storm project consists of 132 Gamesa G 80, 2 MW turbines. The
project is sited on private land along the Allegheny Front in an
area approximately 12 miles long. 3. A photo of this project may be
downloaded from PRNewswire Contacts: Media: Shell: Tim O'Leary,
(713) 241-4544, Dominion: Ryan Frazier, (804) 819-2521, Investor
Dominion: Laura Kottkamp, (804) 819-2254, Relations: Shell: Harold
Hatchett (212) 218 3112, About Dominion: Dominion is one of the
nation's largest producers and transporters of energy, with a
portfolio of approximately 27,000 megawatts of generation, 1.1
trillion cubic feet equivalent of proved natural gas and oil
reserves, 14,000 miles of natural gas transmission, gathering and
storage pipeline and 6,000 miles of electric transmission lines.
Dominion operates the nation's largest natural gas storage facility
with 975 billion cubic feet of storage capacity and serves retail
energy customers in 12 states. For more information about Dominion,
visit the company's Web site at http://www.dom.com/. About Shell
Oil Company: Shell Oil Company, including its consolidated
companies and its share in equity companies, is one of America's
leading oil and natural gas producers, natural gas marketers,
gasoline marketers and petrochemical manufacturers. Shell, a
leading oil and gas producer in the deepwater Gulf of Mexico, is a
recognized pioneer in oil and gas exploration and production
technology. Shell Oil Company is an affiliate of the Shell Group, a
global group of energy and petrochemical companies, employing
approximately 104,000 people and operating in more than 110
countries and territories. About Royal Dutch Shell plc Royal Dutch
Shell plc is incorporated in England and Wales, has its
headquarters in The Hague and is listed on the London, Amsterdam,
and New York stock exchanges. Shell companies have operations in
more than 145 countries with businesses including oil and gas
exploration and production; production and marketing of Liquefied
Natural Gas and Gas to Liquids; manufacturing, marketing and
shipping of oil products and chemicals and renewable energy
projects including wind and solar power. For further information,
visit http://www.shell.com/ Shell Disclaimer statement This
announcement contains forward-looking statements concerning the
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http://www.newscom.com/cgi-bin/prnh/20081208/LAM545 DATASOURCE:
Shell Oil Company CONTACT: CONTACT: Media, Tim O'Leary of Shell,
+1-713-241-4544, ; or Ryan Frazier of Dominion, +1-804-819-2521, ;
or Investors Laura Kottkamp of Dominion, +1-804-819-2254, ; or
Harold Hatchett of Shell, +1-212-218-3112, Web Site:
http://www.awea.org/publications/reports/3Q08.pdf
http://www.shell.com/ http://www.shellus.com/
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