Pickens to scrap wind farm plan, report says; is ‘Pickens Plan’ for major expansion of CNG/rCNG vehicles in peril?
Biofuels Digest
In Texas, the Wall Street Journal is reporting that oil tycoon T. Boone Pickens has scrapped plans to build a gigantic wind farm in the Texas Panhandle. Pickens told the Journal that there were not adequate transmission lines to move the power from rural Texas to cities where the demand for power is located, and that he was unable to secure financing for the transmission line upgrade.
The Pickens Plan called for an increase in wind-based power, resulting in additional natural gas capacity that could be converted from power production to compressed natural gas vehicles.Meanwhile, Pickens has called for support of the NAT GAS Act, now introduced in the US House and Senate, that would provide incentives to switch consumers, trucks and government vehicles to CNG.
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