Developers Plan $8 Billion Green Project for L.A. Power

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Four energy companies are proposing an $8 billion renewable energy project that would supply Los Angeles with more than twice the power generated by the Hoover Dam.

The project includes a 2,100-megawatt wind farm in Wyoming, a 525-mile (845-kilometer) power line and a $1.5 billion storage facility, the developers said today in a statementBloomberg Terminal. Duke-American Transmission, a joint venture of Duke Energy Corp. and American Transmission Co., Dresser-Rand Group Inc. and two others will propose the project to the Southern California Public Power Authority by early 2015.