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Lewis County is set to lose millions of dollars in Empire Zone money, but the head of the state's Empire Development Agency says that could change.
Each year, the county has received $2 million in Empire Zone money to use toward its budget.
Without the credits, that amount shrivels to $500,000.
Also filed under [
Tax Breaks & Subsidies|
New York]
Being green, without annoying your neighbors, was high on the list of residents' requirements for the regulation of small wind energy conversion systems at last week's special meeting of the planning commission. While not calling for a ban on wind turbines, many residents requested that commissioners write regulations to make the wind turbines as difficult to install as possible and suggested the alternative of a wind farm here, located on one property, rather than allowing individual systems on eligible parcels.
Jefferson County's Board of Legislators slowed down its consideration of the payment-in-lieu-of-taxes agreement for the proposed Galloo Island Wind Farm. ...Chairman Barry M. Ormsby, R-Belleville, said representatives of the Jefferson County Industrial Development Agency and Galloo Island's developer, Upstate NY Power Corp., would come to the meeting.
Mr. Ormsby said they also would allow the public to speak during privilege of the floor, though no public hearing is required.
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Tax Breaks & Subsidies|
New York]
Governor orders review of Oregon energy tax credits
November 17, 2009 by Harry Esteve in The Oregonian
November 17, 2009 by Harry Esteve in The Oregonian
Gov. Ted Kulongoski ordered a hurry-up review Tuesday of Oregon's incentives for renewable energy companies in the face of ongoing criticism of the tax breaks. ...The governor's request comes on the heels of an investigation by The Oregonian that revealed state officials downplayed the estimated cost of the incentives before they were expanded by the 2007 Legislature at Kulongoski's urging.
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Tax Breaks & Subsidies|
Oregon]
Wyoming lawmakers will soon take up the thorny issue of whether to impose new taxes on wind energy development, a proposal that developers say could stunt the fledgling industry's growth in Wyoming.
Supporters of a new tax say it's only fair for wind projects to contribute to state and local governments equal to other energy industries. Opponents say Wyoming taxes are already high compared to surrounding states and any new tax would be premature.
The Joint Revenue Committee will consider two proposals to tax wind electricity generation at a Wednesday meeting in Cheyenne.
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Tax Breaks & Subsidies|
Wyoming]
The payment-in-lieu-of-taxes agreement for the proposed Galloo Island Wind Farm would take some money that normally would go to the school district and give it to the town.
The PILOT would send 50 percent to Sackets Harbor Central School District, 15 percent to the town of Hounsfield and 35 percent to Jefferson County. The three are splitting a $2.14 million pie, which will increase 2.5 percent each year for 20 years.
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Tax Breaks & Subsidies|
New York]
Counties deal with tax issues on turbines
November 11, 2009 by Julie Buntjer in Worthington Daily Globe
November 11, 2009 by Julie Buntjer in Worthington Daily Globe
This is the first in a series of stories about wind turbines and their impact on the rural landscape. Future articles will look at projects coming to Nobles and Jackson counties and the impact wind farms have on our region's transportation system. A couple of years ago, Murray County collected more than $1 million in production tax revenue from the wind turbines that span the horizon along the Buffalo Ridge.
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Tax Breaks & Subsidies|
Minnesota]
NREL recommending site-specific wind turbine surveys
November 11, 2009 by Juley Harvey in Estee Park Trail-Gazette
November 11, 2009 by Juley Harvey in Estee Park Trail-Gazette
To add to the hot/cold air swirling around the subject of wind turbines in Estes Park, the National Renewable Energy Laboratory (NREL) said last month there are challenges in making small residential wind turbines workable here. ...There is currently a moratorium on wind turbines, until Dec. 9. The public is invited to attend and comment at the meeting, as commissioners consider draft regulations on small-scale residential wind turbines, based on input received in a recent public survey.
The proposed Galloo Island Wind Farm is ready to agree to spend more than $2 million per year as part of a payment-in-lieu-of-taxes agreement, but it stands to save nearly $23 million in other tax abatements.
Officials from the town of Hounsfield, Sackets Harbor Central School District and Jefferson County are firming up their division of a property tax PILOT, which will generate $2.14 million per year.
Also filed under [
Tax Breaks & Subsidies|
New York]
A handful of people from outside Hounsfield commented on the proposed Galloo Island Wind Farm payment-in-lieu-of-taxes agreement Monday night.
The PILOT considered at the hearing, held by the Jefferson County Industrial Development Agency, only covers the 84 turbines and ancillary structures on the island and the underwater transmission line in Hounsfield. There will be PILOT negotiations and a public hearing sometime in the future for the part of the 50.6-mile transmission line that runs from Henderson to the town of Mexico.
Also filed under [
Tax Breaks & Subsidies|
New York]
Britain's biggest developer of offshore wind farms has hired Rothschild to sell stakes in its projects because it cannot afford to build them.
The move by Dong Energy, the Danish power giant, casts fresh doubt on the government's carbon-reduction plans just six months after it ramped up subsidies to keep the offshore wind sector afloat. ..."The issue is that these projects require enormous amounts of capital and it's getting very difficult to justify," said an industry source. "The enthusiasm there once was has diminished."
Draft wind turbine regulations are up for discussion Nov. 12
November 6, 2009 by Kate Rusch in Estes Park Trail-Gazette
November 6, 2009 by Kate Rusch in Estes Park Trail-Gazette
Public input has been the driving force for the issue of wind turbines in Estes Park. Town staff recently conducted a voluntary-response survey related to wind turbines that received 804 responses. Results indicate that the majority (65.1 percent) do not want wind turbines to be banned by the Estes Valley Development Code. Of that majority, 53.7 percent want wind turbines to be regulated and 32.4 percent of respondents want to see wind turbines banned outright.
The planning commission will continue wind turbine discussions at its regular meeting.
Also filed under [
Zoning/Planning|
Colorado]
Bar funds for China-backed wind farm, Senator says
November 6, 2009 by Kim Chipman and John Duce in Bloomberg News
November 6, 2009 by Kim Chipman and John Duce in Bloomberg News
The Obama administration should bar a $1.5 billion wind-farm project in Texas from receiving U.S. government stimulus funds because most of the power turbines would be made in China, Senator Charles Schumer said.
"The idea that stimulus funds would be used to create jobs overseas is quite troubling," Schumer, a New York Democrat, wrote in a draft of a letter he said yesterday he would send to U.S. Energy Secretary Steven Chu. ...Schumer said he would pursue legislation if necessary to prevent stimulus funds from being used for the Texas project.
A Wyoming wind power developer, Wind Holding LLC, has lost its $500 million contract with Colorado State University to build a wind farm at Maxwell Ranch near the Wyoming-Colorado border.
Wind Holding was to finance and build the wind farm on land leased from the university. CSU and Wind Holding would then sell the power to recoup construction costs. Wind Holding was not chosen through a competitive bidding process, but instead had approached the university.
A Democratic senator is calling on the Obama administration to reject an expected request for federal economic stimulus money as part of a $1.5 billion West Texas wind energy project because he says it will generate Chinese, not American, jobs.
The U.S.-China venture, announced last week, would erect 240 huge Chinese-manufactured wind turbines on 36,000 acres in West Texas, with the Export-Import Bank of China committed to handle most of the financing.
Jobs question jeopardizes wind farm's stimulus deal
November 4, 2009 by Tom Zeller Jr. and Keith Bradsher in New York Times
November 4, 2009 by Tom Zeller Jr. and Keith Bradsher in New York Times
News that $450 million in federal stimulus money might go toward installing Chinese-made wind turbines in Texas prompted criticism on Thursday, with Senator Charles E. Schumer, Democrat of New York, calling on the Obama administration to deny federal financing.
According to partners in the deal, the proposed 600-megawatt wind farm, announced late last week, would be built on 36,000 acres in West Texas using 240 wind turbines manufactured by A-Power Energy Generation Systems of Shenyang, China.
The Colorado State University Research Foundation announced Nov. 2 that it could not reach agreement with Wind Holding LLC on a path forward for development of the Maxwell Ranch wind farm. Given the expiration of the Oct. 31 deadline for Wind Holding to cure problems in its lease, the foundation has found the private company officially in default.
State officials deliberately underestimated the cost of Gov. Ted Kulongoski's plan to lure green energy companies to Oregon with big taxpayer subsidies, resulting in a program that cost 40 times more than unsuspecting lawmakers were told, an investigation by The Oregonian shows.
Records also show that the program, a favorite of Kulongoski's known as the Business Energy Tax Credit, has given millions of dollars to failed companies while voters are being asked to raise income taxes because the state budget doesn't have enough to pay for schools and other programs.
Wind-turbine maker Vestas to slow Colorado job growth
October 27, 2009 by Mark Jaffe in The Denver Post
October 27, 2009 by Mark Jaffe in The Denver Post
A weak market for wind turbines in the U.S. will slow job growth at Vestas Wind Systems' four Colorado plants, Ditlev Engel, the company's chief executive, said Tuesday.
"When the world's biggest market takes a breather for a year, it's tough," Engel said in a telephone interview.
Boulder turbine maker Entegrity Wind goes bankrupt
October 26, 2009 by Alicia Wallace in Daily Camera
October 26, 2009 by Alicia Wallace in Daily Camera
Entegrity Wind Systems Inc., a wind turbine manufacturer that based some of its operations in Boulder, has gone bankrupt after failing to develop a plan to tackle millions of dollars of debt.
The business was declared bankrupt pursuant to the Bankruptcy and Insolvency Act of Canada, where it was incorporated, according to a document posted to the front door of Entegrity's locked offices.