Shell (NYSE: RDS-A, RDS-B) And Dominion (D) Announce Completion Of Nedpower Mount Storm Wind Project

Yesterday, Shell and Dominion announced the completion of their joint venture wind energy project, Nedpower Mount Storm. The project, located in West Virginia, is up and running, producing up to 264 MW of wind energy, enough for about 66,000 homes and businesses. The energy generated from the 132 wind turbines will be sold to PJM Interconnection, an electricity market serving 13 Mid-Atlantic states and the District of Columbia.

Here’s what the presidents of each company had to say about the project:

Thomas F. Farrell II, Dominion’s chairman, president and chief executive officer, said:"Dominion has about 1,300 megawatts of renewable generation in operation, under construction or in development. Renewables, conservation and other forms of generation – including clean coal and emissions-free nuclear – can and must play increasingly important roles in providing for America’s energy needs."Marvin Odum, president of Shell Oil Company, said:"The NedPower Mount Storm project provides emissions-free power from a non-depleting source into a market serving the populous mid-Atlantic region of the United States. The delivery of this project not only adds to the economic activity of West Virginia but also contributes to the diversity of energy supplies we need in order to meet the energy challenge facing the United States. With the completion of NedPower Mount Storm, Shell is involved in wind projects with an overall capacity of 1,100 MW."

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