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Portland General Electric Company completes Tucannon River Wind Farm

Farm sits on 20,000 acres near Dayton, Washington

By Diego Flammini, Farms.com

With its 116 turbines and maximum installed capacity of 267 megawatts, Portland General Electric’s (PGE) newest wind farm, Tucannon River, is officially complete, functional, and ahead of schedule.

The site is estimated to produce an average of 101 megawatts, enough to power about 84,000 homes. Tucannon is PGE’s second fully owned and operated wind farm along with Biglow Canyon and will contribute to Oregon’s Renewable Portfolio Standard, which requires the largest utility companies in the state to provide “25% of their retail sales of electricity from newer, clean, renewable sources of energy by 2025.”

“Tucannon River Wind Farm is a key infrastructure investment that will serve our customers with clean, renewable energy for decades to come,” said Jim Piro, PGE president and CEO. “Tucannon River supports a balanced, diverse energy portfolio for reliable, reasonably priced power.

Not only will the new wind farm provide different sources of energy for customers, but will also impact the surrounding community.

“The Tucannon River Wind Farm has been a great addition to Columbia County and the Dayton community,” said Mike Talbott, Columbia County Chair. “The project brought hundreds of construction jobs to the region, and now 18 permanent, family-wage positions to the Dayton community. It’s also bringing income to local businesses and increasing county tax revenue. We’re happy to have PGE in our community.”
 


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.