T. Boone’s Texas Two-Step
T. Boone Pickens is blowin’ outta the Lone Star State, and he’s taking his wind turbines with him:
T. Boone Pickens, the oilman and clean-energy booster, shelved his massive wind-power project in Texas even as he stepped up his push to increase the use of natural gas for transportation.
Cheap natural gas, the lack of electricity-transmission lines and the lingering credit crunch have combined to take the shine off large-scale renewable-energy projects, and those factors led Mr. Pickens to halve his $2 billion wind-turbine order with General Electric Co., said a spokesman for Mr. Pickens’s Mesa Power LP.
Mr. Pickens in May 2008 announced plans for the biggest wind farm in the U.S., by amount of installed megawatts, to be located in the Texas panhandle. But Tuesday he said he would cut his order with GE to 333 turbines from 667 machines and use them for wind farms in Canada and Minnesota.
That means the Pampa Wind Farm slated for north Texas — and postponed last summer until at least 2013 — won’t happen under current conditions.