This is just another salvo in Pickens plan for building a privately held electrical transmission network across north Texas financed by taxpayers and eminent domain takeovers of private land for the transmission lines.
He'd hoped to build his own transmission lines but he said there were technical problems.
It is aimed at the Texas Legislature which needs to authorize him that ability. He was turned down by the legislature recently, but they have now started the normal special session every sixty days.
Pickens is not willing to use the existing power grid infrastructure to distribute his power like other wind producers are using. Yes, there would have to be some upgrades to handle large amounts of new generated power, but not a wholesale replacement.
Pickens will accept nothing less than new transmission lines from the panhandle down along the Red River to the north Texas area near Fort Worth. Pickens insists that his company own the lines, and unlike many high voltage transmission lines, his privately held company must own the land over which the lines travel. He says he must have eminent domain authority to take over land at 'reasonable values'.
He also want ERCOT, the Texas statewide power management system, to provide funding to build the transmission lines via taxpayer supported bonds. But his company will own the transmission network. Not ERCOT or the taxpayers.
|Quoting L-188 (Reply 2):|
It was a poor buisness plan to start with.
|Quoting Klaus (Reply 4):|
The business plan depended largely on rising energy costs.
Pickens said early on that for this plan to be economically viable, the price of oil has to be above $80 per barrel.
He has a plan, and he has not given up. This story is about political pressure, not a change in location, strategy or direction of his plan.
Though he will certainly be willing to move the site if another state or government entity is willing to give him the money and ownership he wants.