|By PR Newswire||
|February 22, 2013 07:14 PM EST||
ULUPALAKUA, Maui, Hawaii, Feb. 22, 2013 /PRNewswire/ -- U.S. Sen. Brian Schatz, Hawaii Lt. Gov. Shan Tsutsui and Maui County Mayor Alan Arakawa today joined officials from Sempra U.S. Gas & Power, BP Wind Energy and community leaders for the dedication of the new Auwahi Wind facility on Ulupalakua Ranch.
The eight wind turbines are situated along the slopes of the Haleakala volcano and generate enough electricity to power 10,000 local homes.
More than 200 guests attended Friday's dedication ceremony, which included traditional Hawaiian chants and prayers.
Sen. Schatz said the Auwahi wind farm contributes significantly to Hawaii's clean energy goals. He said the project is consistent with the State of Hawaii's values of cooperation, contributing to a solution nationally on climate change and maintaining the ranching lifestyle on Ulupalakua Ranch.
"Auwahi Wind Farm is critically important," he said. "This is about keeping Maui Maui and setting an example not just for the state, but the rest of the nation."
Tsutsui, who was born and raised on Maui, said the state and the island welcomed the Auwahi Wind farm as it brought much-needed jobs. More than 180 jobs were created during the project construction. Four full-time employees operate the wind farm today.
"We're always talking about sustainability and being independent," Tsutsui said. "This goes hand in hand with a lot of our initiatives. It's definitely a step in the right direction and we look much forward to other projects."
"We are very pleased that Auwahi Wind was completed on time, on budget and, most importantly, with an impeccable safety record," said Kevin C. Sagara, vice president of renewables and corporate development for Sempra U.S. Gas & Power. "This project will provide clean, sustainable power to Maui residents for generations and will bring Hawaii another step closer to meeting its goal to derive 40 percent of its power from renewable sources by 2030."
The 21-megawatt (MW) Auwahi Wind facility represents BP and Sempra's first alternative energy venture in Hawaii.
"Today is a celebration for the community of Maui in harnessing wind power as part of a diverse and adequate energy supply," said John Graham, president & CEO of BP Wind Energy. "On behalf of the owners of Auwahi Wind, I would like to thank the local community, the Ulupalakua Ranch, and neighbors without whom this project would not be the success it is."
Maui Electric Co. President Sharon Suzuki said the project provides a valuable energy alternative for the island.
"The addition of the Auwahi Wind project brings Maui's total installed capacity of wind generation to 72 MW, a great accomplishment for such a small island and one that will help further our efforts to break our dependence on foreign oil," she said.
An important component of the project is an 11-MW/4.4-megawatt-hour grid battery system. At its peak, this system is capable of 11 MW sustained for approximately 25 minutes. The battery system's energy helps regulate and sustain power to Maui Electric Co.'s grid during light wind conditions.
"We are especially pleased with the work Sempra and BP have accomplished in using a state-of-the-art battery system to help compensate for the fluctuations of variable wind," Suzuki said. "This high level of wind penetration on Maui would not be possible without such innovative measures."
Sumner Erdman, president of the Ulupalakua Ranch, said the ranch has benefited from its partnership with Sempra U.S. Gas & Power and BP.
"Now, we can preserve much of our ranch land and its grazing areas in open space and continue to raise cattle," he said. "Auwahi Wind will go a long way toward preserving the ranching lifestyle at Ulupalakua and on Maui."
Ulupalakua Ranch is one of the largest cattle ranches on Maui. The Erdmans are environmentalists and have been its owners since 1963.
Construction of Auwahi Wind began in March 2012. More information on Auwahi Wind is available at www.SempraUSGP.com/Auwahi.
BP has invested more in the United States over the last five years than any other oil and gas company. With more than $55 billion in capital spending between 2008 and 2012, BP invests more in the U.S. than in any other country. BP is the nation's second largest producer of oil and gas, a major oil refiner and a leader in alternative energy sources. BP provides enough energy each year to light the entire country. With 21,000 U.S. employees, BP supports nearly a quarter of a million domestic jobs through its business activities. For more information, visit www.bp.com.
Since 2005, BP Alternative Energy has invested around $8 billion in alternative energy development, with more than $4 billion invested the U.S. BP Wind Energy is a principal owner and operator of wind power facilities in the U.S. with interests in 16 wind farms across nine states. BP Wind Energy has a gross generating capacity of nearly 2,600 MW – enough electricity to power more than 775,000 average American homes. For more information, visit the company's Web site at http://www.bpalternativenergy.com.
About Sempra U.S. Gas & Power
Sempra U.S. Gas & Power, LLC is a leading developer of renewable energy and natural gas solutions. The company operates solar, wind and natural gas power plants, along with natural gas storage and pipelines and distribution utilities. Sempra U.S. Gas & Power is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company with 2011 revenues of $10 billion. The Sempra Energy companies' nearly 17,000 employees serve about 31 million consumers worldwide. For more information, visit www.SempraUSGP.com.
This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words like "believes," "expects," "anticipates," "intends," "plans," "estimates," "may," "will," "would," "could," "should," "potential," "target," "outlook," "depends," "pursue" or similar expressions, or discussions of guidance, strategies, plans, goals, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are necessarily based upon various assumptions involving judgments with respect to the future and other risks, including, among others: local, regional, national and international economic, competitive, political, legislative and regulatory conditions and developments; actions and the timing of actions by the California Public Utilities Commission, California State Legislature, Federal Energy Regulatory Commission, U.S. Department of Energy, Nuclear Regulatory Commission, California Energy Commission, California Air Resources Board, and other regulatory, governmental and environmental bodies in the United States and other countries where the company does business; capital market conditions, including the availability of credit and the liquidity of investments; inflation, interest and exchange rates; the impact of benchmark interest rates, generally the U.S. Treasury bond and Moody's A-rated utility bond yields, on the California utilities' cost of capital; the timing and success of business development efforts and construction, maintenance and capital projects, including risks inherent in the ability to obtain, and the timing of the granting of, permits, licenses, certificates and other authorizations; energy markets, including the timing and extent of changes and volatility in commodity prices; the availability of electric power, natural gas and liquefied natural gas, including disruptions caused by failures in the North American transmission grid, pipeline explosions and equipment failures; weather conditions, natural disasters, catastrophic accidents, and conservation efforts; risks inherent in nuclear power generation and radioactive materials storage, including catastrophic release of such materials, the disallowance of the recovery of the investment in, or operating costs of, the generation facility due to an extended outage, and increased regulatory oversight; risks posed by decisions and actions of third parties who control the operations of investments in which the company does not have a controlling interest; wars, terrorist attacks and cyber security threats; business, regulatory, environmental and legal decisions and requirements; expropriation of assets by foreign governments and title and other property disputes; the status of deregulation of retail natural gas and electricity delivery; the inability or determination not to enter into long-term supply and sales agreements or long-term firm capacity agreements; the resolution of litigation; and other uncertainties, all of which are difficult to predict and many of which are beyond the control of the company. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the Securities and Exchange Commission. These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website at www.sempra.com.
These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise.
Sempra International, LLC, and Sempra U.S. Gas & Power, LLC, are not the same companies as San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas) and Sempra International, LLC and Sempra U.S. Gas & Power, LLC are not regulated by the California Public Utilities Commission. Sempra International's underlying entities include Sempra Mexico and Sempra South American Utilities. Sempra U.S. Gas & Power's underlying entities include Sempra Renewables and Sempra Natural Gas.
SOURCE Sempra U.S. Gas & Power
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