Wind power is one of the fastest growing sources of electricity generation in the world. It is efficient, emissions-free and infinitely renewable. Investment in wind power is a key component of Suncor's climate change action plan. So we're using revenues from oil sands development to invest in wind power, providing significant business opportunities where we build.

Wind power is also one of the most economically recognized forms of renewable energy. Suncor is a Canadian pioneer in wind energy with six power developments in operation and other projects in the planning stages. These six wind energy facilities have a generating capacity of 255 megawatts, enough to power about 100,000 Canadian homes.

The wind projects in which we invest, would avoid approximately 500,000 tonnes of carbon dioxide each year, equivalent to the annual tailpipe emissions of more than 113,000 cars.

Suncor's long term goal is to develop a new power initiative every 12 to 18 months.

We continue to evaluate new opportunities to build our wind energy portfolio. There are a number of project sites that are in various stages of development, and regulatory and internal approvals. The Suncor Energy Adelaide Wind Power Project, noted below, is currently being progressed to submit the Renewable Energy Application (REA) to the Ministry of Environment (MOE).