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Among the factors directing Hydro's decision were "changing economic conditions" including a high Australian dollar, that had increased capital costs by some $150 million since the project was first proposed in 2012. Revenue projections had also taken a blow from declining demand on the national grid, Mr Davy said.
Gullen Range Wind Farm (GRWF) are mounting a fight back against orders that they move nine turbines to sites listed in the original approval.
The King Island community should know by early next year if their remote Bass Strait home will also become home to the biggest wind farm in the southern hemisphere.
The technology's evolution in the capital region has been a beacon for developers amid a federal government review of the Renewable Energy Target. But it's also divided politicians and residents with federal treasurer Joe Hockey dubbing farms in the Lake George area "utterly offensive" and a "blight on the landscape".
The Gullen Range Wind Farm will remain as is despite a rejection of a turbine modification application by the NSW Planning Assessment Commission late last week.
Gullen Range applied to retrospectively modify their application which would allow the turbines to stay where they were currently built. But the Planning Assessment Commission (PAC) rejected the application. The Commission said the noise, health, and visual effects from the turbines have negatively impacted residents in the area.
Mrs Garry's husband John died in April. She said while he considered hosting wind farm infrastructure; he eventually rejected them. "They are just hideous. The government is paying subsidies, if they don't pay, if they pull the rug, the turbines will be left here to rust."
Land owners in communities along the Goulburn-Braidwood Road are continuing their self-described "David and Goliath battle" to stop a $400 million wind farm development proposed for 12,000 hectares in the area.
A western Victorian renewable energy company says recommendations from a review of the Renewable Energy Target (RET) have increased uncertainty about the industry's future. The report proposes options including abolishing the target by 2030 or closing the scheme to new entrants.
While wind farms in Australia can have long term power purchase agreements out to 2030, the financing arrangements are much shorter, usually around 5 years. This means that most, if not all, wind farms, will be up for refinancing in the next few years. When that happens, the major banks will review the state of the market, and are either likely to raise the price of debt, or do an “equity sweep.”
A $150 million wind farm southwest of Cairns is in jeopardy as the Federal Government is reportedly planning dramatic cuts to the Renewable Energy Target scheme.
Opponents of a proposed wind farm near Tarago are calling on the state government to ‘do its job.’ Community consultative committees (CCCs) are mandatory under guidelines but are nothing more than a ‘fig leaf,’ says a residents’ group.
In April a Department of Planning investigation found that 69 of the Gullen Range wind farm’s 73 turbines had been built in the wrong location. On Wednesday the Department recommended that just two of these be pulled down and put in the right spot.
The Department of Planning’s recommendation to tear down two turbines was partly based on legal advice, says Goulburn MP Pru Goward. If had ordered that all Gullen Range turbines placed in the wrong location be removed, it could be legally challenged.
State government bureaucrats have specifically banned the future construction of wind turbines and wind farms from the leased port area. ...‘‘The experience in Brisbane was if you give a little bit over for this and another bit for that, the port operations get pushed right to the mouth of the port.’’
Esperance Shire President Malcolm Heasman said although the loss of the turbines signifies the end of an era, it would have no impact on power generation for the town. "Obviously green energy is the better way to go, but it is an expensive way of generating power," he said.
Projects set to generate hundreds of jobs and millions of investment dollars for South Australia are at risk or on hold because of uncertainty over a national target to increase renewable energy generation.
Queensland Deputy Premier Jeff Seeney will determine the fate of a controversial wind farm proposed on the far north's Atherton Tableland.
Treasurer Joe Hockey has attacked wind farms as “utterly offensive and “a blight on the landscape” in the latest sign that the Abbott government intends to cut back on renewable energy.
A victorian construction union has been banned from leaving cars or equipment near entrances to a $400 million wind farm after a costly industrial battle reignited.