Attached is a Wind Energy Easement Outline that discusses in some detail various provisions that can be found in wind energy easement agreements. The purpose of the outline is to give you a general idea of what types of provisions might be contained in any easement agreement or easement option agreement that may be presented to you by wind energy developers in an effort to obtain certain wind energy easements over all or a portion of your land. It is not a comprehensive discussion of the topic and is meant only to be a guide. A wind energy easement agreement, like any easement agreement, is a legally binding agreement that needs to be carefully reviewed and understood before executing it. A wind energy easement agreement will have a long term effect on you and your land. It will effect not only you but future generations. It is important that you not agree to or execute any easement agreement or easement option agreement until you have discussed it with your attorney and he or she has had an opportunity to review it. It is strongly advised that upon receiving a wind energy agreement or option agreement that you take it to your attorney along with the attached outline for his or her review.

Key Energy Issues to 2025

The Energy Information Administration (EIA), in preparing model forecasts for its Annual Energy Outlook 2005 (AEO2005), evaluated a wide range of current trends and issues that could have major implications for U.S. energy markets over the 20-year forecast period, from 2005 to 2025. Trends in energy supply and demand are linked with such unpredictable factors as the performance of the U.S. economy overall, advances in technologies related to energy production and consumption, annual changes in weather patterns, and future public policy decisions [see endnote 1 on page 8]. Among the most important issues identified as having the potential to affect the complex behavior of the domestic energy economy, oil prices and natural gas supply were considered to be of particular significance in increasing the uncertainty associated with the AEO2005 reference case projections.

...additional radar studies would be required to see if spring migration patterns are different than those measured in the fall. Typically spring migration is shorter than fall migration with fewer numbers in the shorter period of time. How this will affect the numbers of birds passing through the rotor swept volume is unknown. It is important to determine the seasonal timing, altitude and numbers of migrant birds passing over the proposed project site and the effects of weather upon their passage over a greater part of the whole year. In addition, it is possible to determine some of the bird and bat species passing through the project site by accoustical sensors to determine which species, that make vocal calls, are migrating through the site.

"This presentation will review financing of renewable projects based on available incentives:

••Benefits and challenges.

••Equity and debt structures.

••Sponsor/Investor issues.

••Debt/equity issues.

"In summary, there are serious problems with the draft Programmatic Environmental Impact statement (PEIS). The comments that follow are focused primarily on the portions of the draft that deal with the economics of wind energy development. The data and conclusions reflected in those parts of the draft are invalid because:.."

William R. Evans, a renowned ornithologist with expertise in nocturnal bird migration, provides a comprehensive critique of the Avian Risk Assessment for the Chautauqua Wind plant (NY). As part of this critique, Evans addresses the deficiencies in the Erickson, et al. bird mortality studies widely quoted by the wind industry.

A necessary step in any attempt to understand the outlook for US energy supply and demand

Comments by Glenn Schleede for The owners and members of Associated Electric Cooperative, Incorporated At their 2004 Annual Meeting in St. Louis, Missouri

It is noteworthy that this study does not answer the basic question of how wind turbines affect property values. George Sterzinger, executive director of REPP, admitted as much in response to critics who stressed that the study contains no proof that wind farms were the reason for the changes in property values: “ We have no idea”…noting REPP did not have enough time or money to answer that question. (Cape Cod Times 6/20/03).

U.S. energy flow trends as of 2002

Eric Rosenbloom comments:" In the U.S. 61.5% of the energy used is 'lost', i.e. only 38.5% of the energy consumed is actually extracted."

Author Glenn Schleede addresses the shortcomings of a model developed by NREL (a 'laboratory' of the DOE)that purports to permit the calculation of the state or local economic impact from the building of a potential wind farm. The model, known as "Jobs and Economic Development Impact" (JEDI), allows the user to employ various default assumptions or to change these assumptions to fit a particular wind project. Schleede contends that (1)use of the default assumptions will provide unrealistically high benefits and (2) key factors that offset benefits are not reflected in the model. To illustrate the model's deficiencies, Schleede applies it as well as more realistic assumptions to a proposed project in Highland County, Virginia.