Iowa Utility Proposes $3.9 Billion Renewable Energy Project
A subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy has announced it plans to invest another $ 3.9 billion into renewable energy in Iowa, with a project that would add more than 2 GW of wind power to the state.
Des Moines-based MidAmerican Energy on Jan. 19 said the Wind PRIME project also includes solar power generation, and exploration of what the utility called new technologies, which could include small modular nuclear reactors (SMRs). The company said the project will advance MidAmerican’s transition to net-zero greenhouse gas emissions. MidAmerican said construction of the project, after approval from state regulators, could begin as soon as 2024.
Kelcey Brown, CEO and president of MidAmerican, in a statement said, “As MidAmerican continues to progress toward delivering 100% renewable energy to our customers, we are also preparing to meet an important milestone of net-zero greenhouse gas emissions. The Wind PRIME project will position us and our customers for a sustainable future, while ensuring we continue to deliver affordable and reliable energy.”…