San Antonio, Texas public power utility CPS Energy announced the extension and expansion of a previous 15-year power purchase agreement that will more than double its share from the Avangrid’s Peñascal wind farm in Kenedy County, Texas.
The revised PPA will increase the utility’s wind offtake from Peñascal from 77 megawatts to 161 MW.
Nearly 40% of the total power generated at the Peñascal wind farm is now provided to CPS Energy. CPS Energy is number 2 in wind generation in the state of Texas.
“Growing our diversified energy portfolio continues to bring us closer to realizing our Vision 2027 goals,” said Rudy D. Garza, President and CEO of CPS Energy. “This wind extension and expansion reinforces our longstanding commitment to renewable energy and is well-aligned with our approved generation plan.”
The additional 84 MW of wind power further adds generation to the portfolio and supports CPS Energy’s Vision 2027 plan that contemplates the retirement of 2,249 MW of older generation capacity before 2030.
To date, CPS Energy has added 1,710 MW of natural gas and contracted 730 MW of solar energy and 50 MW of energy storage as part of its generation plan, with an additional 500 MW energy storage RFP in the works.
These efforts also align with CPS Energy’s commitment to the City of San Antonio’s Climate Action & Adaptation Plan, which includes a Board of Trustees resolution to support the CAAP’s goal to become carbon neutral by 2050, and the interim goals of reducing greenhouse gas emissions by 41% from 2016 levels and 71% by 2040.
