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Des Moines-based MidAmerican Energy plans a $3.9 billion project in Iowa it said would add 2,042 megawatts of wind generation and 50 megawatts of solar generation.
According to its website and its filing with the Iowa Utilities Board, the project — called Wind PRIME — is part of the utility’s aim to “ transition to net-zero greenhouse gas emissions.”
The company also has proposed conducting feasibility studies focused on other clean generation technologies that include carbon capture, energy storage and small modular nuclear reactors.
Wind PRIME, it said, would provide more than 1,100 full-time jobs during construction and another 125 full-time positions for ongoing operations and maintenance.
If approved, the utility anticipates completing construction in late 2024. Sites for the wind turbines and solar arrays have yet to be determined, a MidAmerican spokesman said on Thursday.
Along with MidAmerican’s other projects, the 2,092-megawatt Wind PRIME project would allow the utility to provide renewable energy equal to its Iowa customers’ annual use, the company said.
“As MidAmerican continues to progress toward delivering 100 percent renewable energy to our customers, we are also preparing to meet an important milestone of net-zero greenhouse gas emissions,” Kelcey Brown, president and CEO of MidAmerican, said in a statement.
“The Wind PRIME project will position us and our customers for a sustainable future, while ensuring we continue to deliver affordable and reliable energy.”
The project will provide an average of $24 million-plus per year in local property tax payments on wind turbines and solar facilities, as well as more than $21 million in annual landowner easement payments, according to MidAmerican.
MidAmerican, a subsidiary of Warren Buffett’s Berkshire Hathaway Energy, reports approximately 795,000 electric customers in Iowa, Illinois and South Dakota, and 774,000 natural gas customers in those states and Nebraska.