Articles filed under Impact on Economy from Massachusetts

Wind Farm Near Martha’s Vineyard In Jeopardy

Brady said the Block Island Wind Farm, owned by Deepwater, is only five turbines, tiny by comparison to Vineyard. Yet charter fishermen, who traditionally operate south of the wind farm from January through April, reported a dismal fishing season: the once bountiful cod had disappeared. Ørsted Energy, the parent company of Deepwater, like the owners of the Vineyard, have a practice of paying off fishermen whose livelihoods are damaged by the wind farms.
4 Dec 2018

Clean power will cost more; Report says state is in bind on emissions

The long-term contracts also burden electric ratepayers with more risk, according to the study. One of the reasons Massachusetts deregulated the electric industry was to shift the risk of building power plants from consumers to energy developers. Fixed-price, long-term contracts negotiated by utilities under the direction of the state would shift the risk needle back in the direction of electric ratepayers.
24 Jun 2016

With Cape Wind Faltering, New Bedford’s Future As Offshore Wind Hub Uncertain

Matthew Beaton, the new state energy secretary, ...says he wouldn’t make that investment today. “I don’t know if, given the uncertainty of Cape Wind at that time, and the overall question marks of offshore wind development, is a $100-plus million investment the appropriate use of those funds? Could we have used those monies in a more well-suited manner?”
6 Apr 2015

Conservation group slams 'secret' work between governors, utilities

“The states and NESCOE are deliberately working out the details of this plan in secret, consistent with the view of one of NESCOE’s staffers that the plan should be ‘formulated behind closed doors’ because the ‘court of public opinion can be fickle and recalcitrant,’ ” Courchesne wrote, quoting an email from a NESCOE staff member to Executive Director Heather Hunt.
25 Jun 2014

Lawsuit claims Mass. officials overstepped their authority with Cape Wind contract

Recent legal events prompted the alliance to take this new approach. The opposition group was emboldened by two decisions last fall by federal judges in Maryland and New Jersey. Those decisions, which are both now under appeal, essentially said regulators in those states infringed on the Federal Energy Regulatory Commission’s authority to set wholesale electric rates by imposing contracts to help finance the construction of natural gas power plants.
22 Jan 2014

Its nuclear plant shut, Maine town full of regret; Wiscasset, Maine, long in economic depths

In the 17 years since Maine Yankee began dismantling its reactors and shedding its 600 workers, this small, coastal town north of Portland has experienced drastic changes: property taxes have spiked by more than 10 times for the town's 3,700 residents, the number living in poverty has more than doubled as many professionals left, and town services and jobs have been cut.
18 Sep 2013

Green energy costs raising concerns; Mandates account for 5.4% of monthly bill

The rising cost of green energy mandates in Massachusetts is starting to raise concerns, with one utility estimating the state's renewable energy initiatives currently account for 5.4 percent of a typical customer's monthly bill and are expected to take a much larger share in the next few years. ...The National Grid estimate is the first attempt to assess the cost of the state's green energy initiatives, most of which are more than five years old.
10 Aug 2013

Turbines complicate sales of abutting homes

Realtor Susan Whitehead said she has been trying to sell a property on Weeden Road for two years. That property was put on the market for reasons unrelated to the turbines, but Whitehead said buyers ask about the machines, which are visible across Little Bay, "100 percent of the time." "They ask about the noise, they ask about the flicker, and then they don't put in an offer," she said.
25 May 2013

New data send turbine options group back to work

The postponement came in the wake of Tuesday's meeting, at which panel members were told that figures used to calculate the financial benefits of leaving the turbines running without curtailment were based on faulty methodology. New studies found that Wind 1 generates more power than previous tests have shown, according to Tony Rogers of DNV KEMA Energy & Sustainability, an expert employed to study the turbine's power generation.
15 Jan 2013

Wind-energy project boosts prices for Princeton Municipal Light Department

Allen, who came on board in October, said the trouble started in 2006 when the department decided to invest in two windmills. At that point, the department had zero debt and took out a $7.3 million mortgage for the project. ...The two windmills went online in January 2010 and the gear box in the southern unit broke in August 2011 and is still offline.
21 Jun 2012

‘Green' energy a hidden tax

Twenty-four-cent wind power would more than double the electric bills of tens of millions of Americans. But Obama and the liberals don't care about what would amount to a gigantic new tax on families who are far from the millionaires the president claims he wants to hurt.
27 Sep 2011

http://www.windaction.org/posts?location=Massachusetts&topic=Impact+on+Economy&type=Article
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