Tag Archives: Berkshire Hathaway Energy (BHE)

Warren Buffett utility says no new gas

By John Weaver, PV Magazine

Pacificorp, a Berkshire Hathaway electricity utility serving six Western states, said it has no plans to build new gas or coal in the coming decades, but instead plans to add 2.7 GW of wind and 1.8 GW of solar. Click here to read more.

ADDITIONAL RECOMMENDED READING

More U.S. jobs in solar than coal and nuclear combined, by Christian Roselund, PV Magazine
A new report from a think tank headed by former Energy Secretary Moniz reveals an additional 100,000 jobs with a part-time solar component, and hints at the political powerhouse that solar is becoming.

Solar panels pop up in Northfield

By Philip Weyhe, Northfield News

Northfield has a new way of contributing to renewable energy, as solar panels have risen from the ground on St. Olaf land in the northwest corner of the city. The panels, which are on land leased by St. Olaf, make up five community solar gardens, as defined by Xcel Energy, and in all, produce 5 megawatts (5,000 kilowatts) of power. The site is owned and operated by BHE Renewables, which purchased it from the original developer, Geronimo Energy. Read more.

Photo: Newly built solar gardens on St. Olaf land. The site is leased by Berkshire Hathaway Energy (BHE), which owns and operates the gardens. The company said subscriptions to the gardens are 100 percent filled. Credit: Philip Weyhe / Northfield News

As Fort Calhoun nuclear plant closes, OPPD weighs its future in renewable energy

By Cole Epley, Omaha World-Herald

grande-prairie-wind-farm

The winds of change are howling in the Nebraska energy industry. The Omaha Public Power District’s closure of its Fort Calhoun nuclear plant today clears the way for new renewable generation to fill the void left by the 478-megawatt plant, even though the utility plans to replace just a portion of its output. OPPD will have virtually doubled the portion of energy it receives from renewable sources by the time the new year rolls around. Renewables refers to sources of energy that aren’t depleted when they’re used — wind, sun and water, for instance. Continue reading.

Photo: The Grande Prairie wind farm, the largest wind project in Nebraska history, will eventually generate more than 818 meagawatts, almost twice the output of the Fort Calhoun nuclear plant, which closes today. OPPD most likely will begin taking energy from Grande Prairie by the start of next year. Credit: Megan Farmer / Omaha World-Herald

Vestas scores massive order for Warren Buffett-backed wind farm

Vestas Wind TurbinesThe buyer is MidAmerican Energy, a subsidiary of Berkshire Hathaway Energy based in Des Moines and serving over 750,000 customers in Iowa, Illinois, South Dakota and Nebraska.

By Cathy Proctor, Denver Business Journal

Vestas Wind Systems, with four manufacturing plants in Colorado, has reached a conditional agreement to supply up to 1,000 wind turbines to a massive wind farm in Iowa.

It’s the largest order ever for a U.S. wind farm and believed to be one of the largest orders in the world, according to industry experts. Continue reading.

Warren Buffett’s Statement in Annual Letter to Shareholders on Berkshire Hathaway Energy’s Investments in Renewables

Photo by David Silverman, Getty Photos

Photo by David Silverman, Getty Photos

Berkshire Hathaway Energy (BHE)
That company has invested $16 billion in renewables and now owns 7% of the country’s wind generation and 6% of its solar generation. Indeed, the 4,423 megawatts of wind generation owned and operated by our regulated utilities is six times the generation of the runner-up utility.

We’re not done. Last year, BHE made major commitments to the future development of renewables in support of the Paris Climate Change Conference. Our fulfilling those promises will make great sense, both for the environment and for Berkshire’s economics.

Click here to read the entire letter.

Berkshire Hathaway Energy is a signatory of the American Business Act on Climate Pledge. Click here to read Berkshire Hathaway Energy’s pledge. 

Mortenson Construction to Build the Largest Wind Farm in Nebraska

Mortenson Construction photo of Walnut, Iowa wind farm

Photo Credit: Mortenson Construction 

By Deborah Delambert

MINNEAPOLIS, MN (PRWEB) / Excerpt: Mortenson Construction, a leading renewable energy contractor, has begun construction on the Grande Prairie Wind Project located in Holt County, Nebraska. Owned by BHE Renewables, a subsidiary of Berkshire Hathaway Energy, the 400-megawatt project will be the largest wind energy project in the state’s history . . . Once the project is completed in December of 2016 it will generate clean renewable energy for the equivalent of approximately 120,000 average Nebraska homes.

Read the entire press release here

Nebraska’s Largest Wind Farm Coming to Holt County

By Fred Knapp, Reporter/Producer, NET News

Project Manager Alicia Knapp points to where one of 200 wind turbines will be located. Photo by Fred Knapp, NET News

Project Manager Alicia Knapp points to where one of 200 wind turbines will be located. Photo by Fred Knapp, NET News

Excerpt: Over the next year, the company Knapp works for – Berkshire Hathaway Energy or BHE Renewables – will upgrade roads and install 200 wind turbines spread over 54,000 acres of farm and pasture land here in Holt County, which stretches from the Sandhills to the Niobrara River . . . The company says it will pay landowners lease payments totaling $2.5 million a year, and there will be about $2 million a year in tax payments to divide between the schools, the county, fire districts and townships.

READ MORE HERE.

ADDITIONAL RECOMMENDED READING
Nebraska: The Next Wind Frontier, The Nebraska Lawyer Magazine, January/February 2015 Issue, pages 27-33. Written by
 Jennifer L. Cooke-Yin and David L. Bracht
http://issuu.com/nebraskabar/docs/tnl-janfeb15_mag

As Berkshire signs Obama climate pledge, subsidiary MidAmerican targets 57% wind in Iowa

By Herman K. Trabish, Utility Dive

Photo: Utility Dive.com

Photo: Utility Dive.com

Excerpt
Iowa’s MidAmerican Energy, a utility subsidiary of the Warren Buffett-owned Berkshire Hathaway Energy (BHE), is planning on getting up to 57% of its electricity from wind and expand its generation capabilities into utility-scale solar power plants and community shared solar arrays, according to CEO Bill Fehrman . . . MidAmerican has invested some $6 billion in wind energy since 2004 and has a $900 million, 552 MW project awaiting approval from Iowa regulators that would take the utility’s installed renewables capacity to over 4,000 MW by 2017 and make it possible to get to the 57%  wind target.

Read more.

Berkshire Hathaway joins major renewable-energy effort

By Nancy Gaarder and Steve Jordan / World-Herald staff writers

Photo: Matt Miller / The World-Herald  Warren Buffett with a large image of himself in the lobby at UNO's Mammel Hall in 2013.

Photo: Matt Miller / The World-Herald
Warren Buffett with a large image of himself in the lobby at UNO’s Mammel Hall in 2013.

Warren Buffett is lending his name and deep pockets to the battle against climate change.

Berkshire Hathaway Energy on Monday joined a dozen major U.S. businesses at the White House in calling for robust action on global warming.

Berkshire joined Apple, Walmart, General Motors, Cargill, Bank of America and others to announce more than $140 billion in investments in low-carbon projects and other actions as they shift toward greater reliance on renewable energy.

Continue reading.

ADDITIONAL RECOMMENDED READING
FACT SHEET: White House Launches American Business Act on Climate Pledge

Charlie Munger sees renewable energy as a “huge benefit to humanity”

Motley Fool’s School: Wisdom from Omaha, posted on Telegram.com

Photo Credit: Forbes

Photo Credit: Forbes

Superinvestors and business partners Warren Buffett and Charlie Munger recently held forth at their Berkshire Hathaway annual meeting in Omaha, Nebraska. Here are some paraphrased nuggets:

  • On energy: It’s expected that 58 percent of Berkshire Hathaway’s energy will come from wind by the end of 2016. The company has committed more than $18 billion to renewable energy. Munger sees renewable energy as a huge benefit to humanity.

Read more.