Wisconsin Utility Swept up by Wind Bids

We Energies received a wide range of proposals in response to the request the company issued last December for up to 200 MW of wind power generation. The company is currently reviewing the proposals and plans to enter into contract negotiations with one or more developers this spring.

Milwaukee, Wisconsin – March 31, 2003 [SolarAccess.com] The request for proposals, which was due on February 28, 2003, called for projects to be in service by December 2004, with a 20 year contract. The minimum requested project size was 20 MW. We Energies is evaluating the projects in terms of cost, how well they can be integrated into the company’s power grid, and other factors. Location is also an important consideration both for how well the projects can be used to serve We Energies’ customers and for the effect of wind turbines on the existing power system. Preference will be given to projects that can be sited in Wisconsin, in or near the service territory of We Energies. “Based on the proposals we received, wind energy will be playing an increasing role in our generation mix. This is a big step in our company’s objective to be a national utility leader in the area of Renewable Energy,” said Carl Siegrist, senior Renewable Energy strategist for We Energies. We Energies has set a target to supply at least five percent of its retail electric energy sales from Renewable Energy sources by 2011. Early last year, the company formed a Renewable Energy Collaborative to guide We Energies in achieving its Renewable Energy commitment. This recent action will play a significant role in helping the company reach its target. Other initiatives to help create additional Renewable Energy resources will be announced in the coming months as We Energies and the Renewable Energy Collaborative continue to implement their plan. We Energies is the trade name of Wisconsin Electric Power Company and Wisconsin Gas Company, the principal utility subsidiaries of Wisconsin Energy Corporation.

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