Friday, April 18, 2008

Wind Power Blows Big

Billionaire Texas Oilman Makes Big Bets On Wind April 18, 2008 - WASHINGTON - Legendary Texas oilman T. Boone Pickens has gone green with a plan to spend $10 billion to build the world's biggest wind farm. But he's not doing it out of generosity - he expects to turn a buck.

The Southern octogenarian's plans are as big as the Texas prairie, where he lives on a ranch with his horses, and entail fundamentally reworking how Americans use energy.

Next month, Pickens' company, Mesa Power, will begin buying land and ordering 2,700 wind turbines that will eventually generate 4,000 megawatts of electricity - the equivalent of building two commercial scale nuclear power plants - enough power for about 1 million homes.

"These are substantial," said Pickens, speaking to students at Georgetown University on Thursday. "They're big."

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