14 Sep '11, 3pm

Colorado Wind Power Company to Compete With Fossil Fuel Prices

Colorado Wind Power Company to Compete With Fossil Fuel Prices

The design uses not only less structural steel, but eliminates the use of costly laminated electrical steel, according to BrighterEnergy . While the need for dysprosium is eliminated in the turbine design, it is not clear which rare earths are used. Mining corporation Molycorp, Inc. has announced plans to invest in Boulder Wind Power , a move that will position Molycorp to be the "preferred provider" of rare earth magnets and alloys for Boulder Wind. "By effectively solving the dysprosium supply problem for the wind turbine industry, this technology removes a major hurdle to the expansion of permanent magnet generator wind turbines across global markets," said Mark A. Smith, Molycorp's CEO. But the move has others outside the company excited, too. Dan Arvizu, Director of the U.S. Department of Energy's National Renewable Energy Laboratory, said, "It promises to strengthen ...

Full article: http://www.treehugger.com/files/2011/09/colorado-wind-pow...

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