Austin Energy is on the verge of signing two large-scale wind contracts that would satisfy the city-owned utility’s goal of getting 35 percent of its electricity from renewable sources — four years ahead of a 2020 target date.
The City Council is expected on Thursday to authorize final negotiations for a pair of 25-year contracts worth a combined $1.4 billion. Austin Energy would add 570 megawatts of wind generating capacity from the Texas Gulf Coast, a source that the utility’s executives prefer to West Texas because coastal wind tends to blow hardest during the late afternoon, when many Austinites are coming home from work, temperatures often peak and energy demand is highest.
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