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October 12, 2004 |
Contact: Rae Todd 970-229-5255 |
FOR IMMEDIATE RELEASE |
Platte River Power and Amendment 37 FORT COLLINS, Colo. - Platte River Power Authority's Board of Directors has taken a position opposed to Amendment 37, the Renewable Energy Initiative. Platte River is the community-owned supplier of electricity to the municipal utilities in Estes Park, Fort Collins, Longmont, and Loveland. Platte River's Board of Directors is comprised of the communities' Mayors and utility directors. Platte River supports renewable energy and has for many years. The use of renewable energy sources offers environmental advantages over burning fossil fuels and helps conserve those fuels for use by future generations. "More than 25 percent of the power Platte River supplied to its owner communities in 2003, was produced using renewable resources such as hydropower and wind energy," says Brian Moeck, Platte River's general manager. "In fact, hydropower–electricity produced from the energy of moving water–is Platte River's lowest cost resource." In 1998, Platte River became the first utility in Colorado to supply wind power to customers. Since then, Platte River has supplied its member's utilities with over 100 million kilowatt-hours of wind energy, equivalent to the average annual consumption of over 13,000 homes. This wind energy is produced by Platte River's own wind turbines and purchased from other generating companies. The reasons for the Board's opposition to Amendment
37 include:
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