September 25, 2007 – Vol. 12 No.27

Sacramento Municipal Utility District (SMUD) Approves 10-year Wood Bioenergy Purchase.

SMUD Board of Directors have approved the extension of an 18-month contract with Sierra Pacific Industries (SPI) for the purchase of renewable energy from a new wood biomass plant in Burlington, Washington.

Under the contract SMUD will buy 15 to 23 megawatts of round-the-clock baseload power at a competitive cost relative to other renewable energy projects through July 31, 2017.This is enough electricity to serve between 13,000 and 20,000 homes.

The agreement brings SMUD closer to its goal of getting 20 percent of its power supply from renewable energy sources by 2011. By the end of 2006, SMUD’s power mix was made up of over 13 percent qualifying renewable sources.

SMUD owns approximately 39 megawatts of wind energy with an additional 63 megawatts to be on-line by the end of 2007. SMUD also owns 10.4 megawatts of solar power and purchases more renewables through power purchase agreements.(9/25/07)

Links:

Sacramento Municipal Utility District (SMUD) http://www.smud.org

Sierra Pacific Industries http://www.spi-ind.com

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No

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