Climate Changed
A Utility Wants to Build America's Largest Wind Farm—And Get Customers to Pay for It
- The 2-gigawatt project would be biggest ever built in the U.S.
- American Electric Power tests limits of financing clean energy
Photographer: Ken James/Bloomberg
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On the gusty Oklahoma Panhandle, a fight is escalating over a $4.5 billion wind power project that stands to reshape the way Americans pay for clean energy.
Across 300,000 acres (121,206 hectares) utility giant American Electric Power Co. is trying to pull off something no other company has attempted at this scale: It wants to build the nation’s largest wind farm -- and it wants up-front guarantees from regulators that customers will pay the bill.