Pickens proud. The company’s wind development program is scheduled to be complete in 2013 and will total an astounding 29,000 megawatts in wind capacity to complement FPL’s current 5,000 megawatt wind portfolio. In addition, the company is developing approximately 1,000 megawatts in solar energy to team up with its wind capacity. In total, according to FPL, the company has $21 billion allocated for renewable energy investments in a five year investment horizon.
2. Portland General Electric (POR): Portland General Electric (POR: 18.05, 0.00 (0.00%)), based in the state of Oregon, is geared to take on any legislation Barack Obama brings forward as this company is one of the largest utilities by renewable megawatt capacity in the United States. In total, Portland General Electric has 1,105 megawatts in hydroelectricity production, through its Deschutes River projects and 73 megawatts in wind production from the company’s stakes in the Klondike II and Biglow Canyon projects. By 2010 the company plans to expand its Biglow Canyon project into a 175 megawatt facility with 76 wind turbines costing approximately $410-$430 million. Furthermore, the company has a three phase installation of carbon reduction technology in order to position itself for increased legislation. These phases include the installation of a low NOx burner system and scrubber and bag house technologies for sulfur dioxide emissions.
3. CPFL Energia (CPL): This Brazilian utility is not exactly subject to pending carbon cap legislation or a country with a President-elect preaching clean energy, but it is just too clean and green to pass up.
