Library filed under Impact on Economy from Massachusetts
Five years ago, when developers applied for a federal permit to build the world’s largest offshore wind-energy project off the Cape Cod coast, a widely held presumption was that the project ought to go forward because wind power is inherently good and that Nantucket Sound was as good a place as any to begin the off-shore renewable energy movement. But the Cape Wind project hasn’t moved forward and remains mired in controversy as evidence piles up that its developers chose perhaps the worst location. So, instead of leading the renewable energy movement into the future, Cape Wind may be imperiling that very movement by ignoring legitimate and serious flaws in its project.
Ipswich should be focusing on how to get the average kwh cost down to 10 cents or less, not wasting time on some politically correct marginal trifle that will do nothing to achieve electric rate relief.
A Science Unit report on the controversy over a proposed wind farm to be built off the coast of Massachusetts in the middle of Nantucket Sound.
The Beacon Hill Institute at Suffolk University has studied the Cape Wind proposal in considerable detail, and offers the following comments on the Draft Environmental Impact Statement (DEIS) Reference file no. NAE-2004-338-
The Beacon Hill Institute at Suffolk University has studied the Cape Wind proposal in considerable detail, and offers the following comments on the Draft Environmental Impact Statement (DEIS) Reference file no. NAE-2004-338-1: 1. A systematic cost-benefit analysis – missing from the DEIS – shows that, with 90% confidence, the costs of the project outweigh the benefits by between $83 million and $333 million, with a mean measure of net cost of $209 million (equivalent to 2.0 cents/kWh produced). 2. The DEIS conclusion of “no adverse impacts to tourism and recreation” is not supported by the data. 3. The DEIS conclusion that the project would not adversely affect property values is based on a flawed study, ignores other research, and is untenable. 4. The DEIS estimates of the value of health improvements are greatly exaggerated (at $53 million annually). Our own estimates show health improvements of $7 million, and even this may be overstated.
Written by Douglas Giuffre, Jonathan Haughton, David Tuerck and John Barrett, this report analyses in economic terms the costs and benefits of a proposed 130 turbine wind plant in Nantucket Sound. It concludes that the economic costs substantially exceed the associated economic gains. This is a follow-up study to one published by Beacon Hill in October 2003 entitled "Blowing in the Wind: Offshore Wind and the Cape Cod Economy"
Researched and written by Eleanor Tillinghast of Green Berkshires Inc. this is a comprehensive study of the probable impact of industrial wind plants on the rural character, quality-of-life and economy of the Berkshires in western Massachusetts. Specific issues addressed include visual aesthetics, tourism, property values, public roads and public safety.