Articles filed under General from Illinois

The costs of decommissioning

At last month’s county board meeting, Gerdes shared an in-depth study his group had done by a Virginia-based company on decommissioning costs. As previously reported in the BCR, the study revealed the total cost to take down 87 turbines was just over $19.4 million, or about $224,000 per turbine. At that rate, the cost to decommission Big Sky could potentially be in the $10-12 million range.
11 Jun 2014

Decommissioning costs still a concern

The Bureau County Board’s decision to go into negotiations followed a lengthy board discussion at Tuesday’s meeting, which also included comments from a concerned resident as well as comments from a representative of the new Big Sky owner, the Pittsburgh-based EverPower Wind Co. The new owner has asked the county board to agree to a letter of credit for the decommissioning plan, rather than keep the current cash-on-hand arrangement.
14 May 2014

Local farmer speaks out against wind project

"The wind turbine industry is a joke in the United States," said Phil Hartke, who farms east of Teutopolis. Hartke said his son Ted Hartke and family have been adversely affected by a 495-foot-tall wind turbine about a quarter-mile from their rural Vermilion County home.
10 Mar 2014

Suzlon considers foreclosure on Illinois wind farm

The average 24-hour price near Big Sky last year was about $35 a megawatt-hour, according to data compiled by Bloomberg. Including tax credits and a government clean-energy cash grant, Big Sky may have earned an average of $67 a megawatt-hour last year, BNEF’s Grace estimated. The project probably needs to earn $80 a megawatt-hour on average over its lifetime to meet a 10 percent hurdle rate, or the minimum acceptable rate of return for an investor, she said.
21 Feb 2014

Debt woes could put big Illinois wind farm in turbine maker's lap

Suzlon agreed in 2009 to finance the project's debt despite the fact that Big Sky didn't have a long-term contract to sell its power at a price that would have ensured its costs would be covered. Project loans by turbine manufacturers aren't unheard of, but they typically are made when there's a long-term power purchase contract in place.
6 Feb 2014

Company confident on proposed wind farm, despite lawsuit

A Minnesota company could start construction on the proposed Green River wind farm in Whiteside and Lee counties late this year or in 2015, a company executive said Thursday. A similar timeline exists for the Walnut Ridge farm in northern Bureau County, which Geronimo bought last year, said Tim Polz, the company’s vice president.
24 Jan 2014

Wind farm plans still moving forward

Chris Nickell, vice president of site establishment for Springfield Project Development, said Wednesday that plans for the wind farm had to be redrawn after the Sangamon County Board changed the zoning rules last year and required that large wind turbines had to be farther from property lines and houses.
31 Oct 2013

Wind farm owner says progress being made in legal dispute with township

McGrath said “clearly Sheldon Township has given (E.On) significantly more than a reasonable opportunity to complete the necessary repairs.” McGrath noted that concerns about deficient road work had been raised by Yana since September 2011, two months before the wind farm was even finished. E.On, in court filings, denies that it breached the contract but argues that Sheldon Township did.
24 Oct 2013

Wind farm debate still going strong in Boone county

He said the 1,500-foot setback from the property lines “is a good compromise.” However, the current ordinance doesn’t look at the height of the wind turbines, which he said have grown over the years. Some can reach up to 500 feet. “We want to ensure the health, safety and welfare of the residents as well as the property values of land owners,” he said.
7 Oct 2013

Wind farm owner sued for $1.8M

The lawsuit claims the work, which was required to be done by E.On as part of a "road upgrade and maintenance agreement," remains "deficient." The poor roads cover a five-mile radius, the suit states.
22 Jul 2013

http://www.windaction.org/posts?location=Illinois&p=4&topic=General&type=Article
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