Phil Anschutz is one of the richest men in America.. According to the November 2021 Forbes 400 rich list, Anschutz is worth $10.1 billion. Most of this money was made by drilling oil wells in Wyoming after he bought out his father’s company in 1961.
At the turn Anschutz is also a fan of renewable energy.. His support for the wind farm comes not from any belief in the environment, but because of the greater economic opportunity. As states begin introducing significant carbon cuts in the coming years, Anschutz has identified a new source of revenue outside of his oil empire.
What are his plans for a wind farm?
Anschutz’s plan is to build up to 1000 windmills on their land in Carbon County, Wyoming. Choquecherry and Sierra Madre wind farm complex, its completion will mean largest wind farm in the US and one of the largest in the world. It was due to be completed in 2025, but due to delays due to the COVID-19 pandemic, the schedule was pushed back to 2026.
After ten years of permit applications and licensing issues, construction work has been underway since 2020. construction will cost nearly $8 billion. the entire project, consisting of turbines on his personal ranch in Wyoming, as well as power lines that would carry the generated electricity to California. Anschutz himself earned the first 400 million dollars.
One of the most difficult logistical problems is the poor connectivity of the area in the American East. States of enormous size do not have enough capacity to transmit electricity, and the available cables are becoming obsolete.
“These major cross-regional interconnections across the grid have not been built for decades,” said Kara Schockett, director of communications for TransWest Express, the name of the Anschutz company that is building the project.
Furthermore, environmental impact questions remain from huge buildings. This concern was alleviated by the construction of towers next to existing man-made structures such as roads and railroads, which gave the go-ahead to the project by the Bureau of Land Management and all local natural resource departments.