Article

Company withdraws interest in wind farm

After applying to the District Council of Yorke Peninsula in March for a further extension to the development authorisation granted in June 2003, the company has now advised council it was unlikely the development would take place within the next two years, and confirmed it will let planning consent lapse.

Pacific Hydro has decided to withdraw its interest in the Vincent North Wind Farm project, near Port Vincent, seven years after planning approval was given.

After applying to the District Council of Yorke Peninsula in March for a further extension to the development authorisation granted in June 2003, the company has now advised council it was unlikely the development would take place within the next two years, and confirmed it will let planning consent lapse.

Pacific Hydro's general manager for Australia, Lane Crockett, explained the 132kV transmission line serving Yorke Peninsula is currently at capacity and until this issue is resolved, projects such as Vincent North will not go ahead.

"We first looked at the potential of the area in 2001 and gained development approval in October 2003; however, by 2005 Wattle Point Wind Farm was already built and operating, which filled up the line," he said.

"Since then we have tried a number of ways to unlock capacity and held onto the project to see if it could be augmented, but in the short term this was not going to happen so we took the decision to withdraw from the project.

"Naturally we are disappointed, but... more [truncated due to possible copyright]  

Pacific Hydro has decided to withdraw its interest in the Vincent North Wind Farm project, near Port Vincent, seven years after planning approval was given.

After applying to the District Council of Yorke Peninsula in March for a further extension to the development authorisation granted in June 2003, the company has now advised council it was unlikely the development would take place within the next two years, and confirmed it will let planning consent lapse.

Pacific Hydro's general manager for Australia, Lane Crockett, explained the 132kV transmission line serving Yorke Peninsula is currently at capacity and until this issue is resolved, projects such as Vincent North will not go ahead.

"We first looked at the potential of the area in 2001 and gained development approval in October 2003; however, by 2005 Wattle Point Wind Farm was already built and operating, which filled up the line," he said.

"Since then we have tried a number of ways to unlock capacity and held onto the project to see if it could be augmented, but in the short term this was not going to happen so we took the decision to withdraw from the project.

"Naturally we are disappointed, but ultimately this is the risk we take as a developer.

"Yorke Peninsula is still a very prospective area for wind energy, with excellent wind resources and a supportive community.

"Should the infrastructure be upgraded in the future there is no doubt other companies will quickly look at opportunities in the region."

Troubridge Hill project

The fate of the Troubridge Hill Wind Farm, just west of the Wattle Point development, is also in the balance, with no plans by Origin Energy to pursue this project at this point of time, a spokesperson said.


Source: http://www.ypct.com.au/inde...

MAY 19 2010
http://www.windaction.org/posts/26332-company-withdraws-interest-in-wind-farm
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