Canadian Wind Farm Earns $24.7 Million Incentive

Support for existing wind farms is as much a priority for the Canadian government as promoting growth in the wind energy industry. Vision Quest Windelectric has received a CAD 24.7 million (US $19.6 million) investment from the government department Natural Resources Canada (NRCan) for the 68.4 MW Summerview Wind Farm in Alberta.

“We’re proud to support the expansion of the wind-power industry in Canada through this new contribution agreement with Vision Quest Windelectric for the Summerview Wind Farm,” said NRCan Minister R. John Efford. “Wind power is part of our answer to climate change and represents significant opportunities for economic growth and new jobs. We want Canada to make the most of its tremendous potential to diversify its electricity generation.” The Summerview Wind Farm represents the first phase of a 130 MW project. Government support for the project came through the Wind Power Production Incentive (WPPI), which is supervised by NRCan. WPPI was established in Budget 2001 to encourage the production of 2.6 million kWh of wind power a year over a five-year period ending in March 2007. It helps expand the industry by offering an incentive averaging one cent for each kWh of electricity generated from new wind farms. The Incentive covers about half of the additional cost of generating power using wind rather than conventional sources. After two and a half years of operation, the WPPI has supported the construction of 13 wind farms in Canada. Vision Quest Windelectric has three projects, including Summerview, funded by the WPPI. The other contribution agreements are with the McBride Wind Farm for CAD $33.7 million over 10 years, and the Summerview Turbine project for $800,000. In total, the projects are expected to generate approximately 145 MW of electricity in Canada in 2004-05.
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