New energy hub could expand U.S. renewable energy use

The inability to transport solar and wind energy between different power grids in the U.S. has also been a limiting factor in the expansion of renewable energy use in the country. However, a project announced today by the State of New Mexico will make it possible to more effectively transmit solar and wind energy between the three main U.S. energy grids.

New Mexico Governor Bill Richardson said the new energy hub will "be the largest power converter in the world, making New Mexico the meeting place for America's electricity needs." The state and the company that would be in charge of constructing the converter are now seeking approval from the Federal Energy Regulatory Commission. If the project is approved, construction could begin as soon as 2011.

For more information on the renewable energy hub, check out this story from Business Green.