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Monterey Bay Community Power strikes major renewable energy deal during first year of operation

Community choice energy agency makes long-term wind energy investment.

Information provided by Monterey Bay Community Power.

Monterey Bay Community Power (MBCP) made its first long-term investment for renewable energy from a new wind farm. The energy production from this new project will ramp up delivery of clean power to the electric grid.

The procurement effort is in partnership with Silicon Valley Clean Energy. The 200-megawatt (MW) Duran Mesa Wind project is currently in development near Corona, New Mexico by Pattern Energy Group 2 LP (Pattern Development).

"Through strategic partnerships with other community choice energy agencies like Silicon Valley Clean Energy, Monterey Bay Community Power can leverage additional resources and buying power to develop bigger and more affordable renewable energy projects, which is a landmark achievement for MBCP only being in our first year of service," MBCP Board Chair Bruce McPherson said. "We are strongly committed to a diverse portfolio of energy resources and this project brings a wide variety of benefits that will be shared by our customers for years to come."

The Duran Mesa Wind project is an important addition to the Monterey Bay Community Power portfolio because the renewable wind energy becomes available just as the solar energy from the day ramps down. The location, high wind patterns, and time difference in New Mexico help alleviate the strain on the electric grid in the evenings, during California's peak electricity usage.

"It's a very positive sign for our industry that these two important public agencies are making their first long-term wind power purchase agreements - and we're honored to partner with them in New Mexico, Pattern Development CEO Mike Garland said. "We are making strong progress on our extensive development projects in New Mexico, where the wind resource is one of the strongest in the country and has an evening ramp that creates an ideal complement to California solar power. These contracts will increase Pattern Development's contribution to California climate goals to well over a gigawatt of wind energy serving California customers."

Monterey Bay Community Power was formed to reduce carbon emissions, provide customer choice and return value to the community. MBCP is one of the first community choice energy agencies in California to invest in a new, long-term renewable energy project in its first year of operation. This project is a joint procurement effort with Silicon Valley Clean Energy. MBCP signed a 15-year PPA for 90 MW and Silicon Valley Clean Energy signed a 15-year PPA for 110 MW of eligible renewable energy to help reach long term renewable energy targets. This project is estimated to produce up to 10 percent of MBCP's annual electricity demand.

Construction of Duran Mesa Wind is anticipated to begin in late 2019 and the project is expected to reach commercial operation in late 2020. The power from the project is California RPS-eligible since it will have a connection for delivery into California in part via the SunZia Southwest Transmission Project, a 520-mile 500 kV transmission line under development in New Mexico and Arizona. Duran Mesa Wind is a 200 MW project within Pattern Development's 2,200 MW Corona Wind Projects in New Mexico.

 

About Monterey Bay Community Power:

Monterey Bay Community Power is a community choice energy agency established by local communities to source carbon-free electricity for Monterey, San Benito, and Santa Cruz counties while retaining PG&E's traditional role delivering power and maintaining electric infrastructure. As a locally controlled not-for-profit, MBCP is not taxpayer funded and supports tri-county economic vitality by providing cleaner energy at a lower cost, supporting low-income rate payers, and funding local renewable energy projects. For more information, visit www.mbcommunitypower.org.

 

 

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