The current price of National Grid's non-wind electricity is now about 9 cents per kilowatt. That means the cost of fossil-fuel generated electricity would have to increase nearly four-fold just to keep pace with Cape Wind's prices over the next 15 years. "I'm glad it's your electric bills and not mine," said Robert McCullough, president of McCullough Research, an Oregon energy consulting firm, referring to Cape Wind's prices.

Impact on Economy Massachusetts

Members of the Orleans wind economics committee voiced a range of views on what the effects of a wind farm would be on property values in the town. Members of the committee, which met Wednesday night, are working on a report that will outline the economic effects for the school districts, participants and town and the effect of turbines in the viewshed on property values.

Impact on People Impact on Economy New York

Although hundreds of millions in federal stimulus dollars are been funneled to the Bay State to create so-called green jobs, no government definition of "green job" exists ...The U.S. Bureau of Labor Statistics is working to establish an official definition, but it won't be finalized until next year, an official said. The bureau itself is spending $8 million in stimulus funds just to define and quantify "green jobs."

Impact on Economy USA

On the day President Obama stopped at Siemens and touted advancements in wind energy, a hard truth came to light on the other side of town. Wind energy is not cheaper. At least that is what Tom Aller of Alliant Energy/Interstate Power and Light told a crowd at St. Mary's Parish Center in Fort Madison.

Impact on Economy South Dakota

The nine-year battle over Cape Wind is far from over - hell, it hasn't even gone into extra innings yet. Salazar's anointing of it yesterday isn't going to make it so. And thank goodness for that. Slap a "green" label on anything and the Obama and Patrick administrations are all over it. The costs to taxpayers and ratepayers be damned.

Impact on Economy Massachusetts

A proposed 14 percent increase from Alliant Energy for electrical rates would not only be a burden on some residential customers, but could affect expansion for local businesses. ...IPL representatives say they need the money to recover costs for "green" energy investments. The 14 percent raise - or $163 million - will fund expenses from Whispering Willow Wind Farm, a $468 million project, and major investments in distribution and transmission infrastructure.

Impact on Economy Iowa

Green jobs. Maine is trying to position itself as a leader in a clean-energy economy. Advocates envision thousands of green jobs, buttoning up drafty homes, developing wind farms and installing solar panels. But a new report by the Maine Department of Labor says the reality is more complicated. It's not possible now for the state to develop a detailed plan for green work force development, the department has concluded. Researchers can't even confirm the number of green jobs in Maine today.

Impact on Economy Maine

Los Angeles Mayor Antonio Villaraigosa's plan to boost rates at the Department of Water and Power has drawn an outcry from business leaders who fear that his promise to create "green jobs" will be accomplished at the expense of their own workers

General Impact on Economy California

But there's no sign that demand for solar-panel installers, wind-farm workers and other green positions will be strong enough to drive California's unemployment rate below the national average, the forecast said. "As we look at the hype around 'green is going to drive the economy,' the fact is, not really," Jerry Nickelsburg, author of the forecast, said in an interview.

Impact on Economy USA California

But there's no sign that demand for solar-panel installers, wind-farm workers and other green positions will be strong enough to drive California's unemployment rate below the national average, the forecast said. "As we look at the hype around 'green is going to drive the economy,' the fact is, not really," Jerry Nickelsburg, author of the forecast, said in an interview.

Impact on Economy California USA

Any public subsidies should benefit the public and not become "a windfall for Cape Wind or National Grid," he added. He also said the power produced by Cape Wind should come in at a "substantial discount" compared to a proposed eight turbine Rhode Island project off the coast of Block Island. Cape Wind spokesman Mark Rodgers declined to comment on the negotiations with National Grid for a long term power purchasing agreement.

Impact on Economy Massachusetts

Recently, several U.S. senators including our own Senator Sherrod Brown had the courage to take on this issue. According to Senator Charles Schumer's Web site on March 4: "We cannot sit idly by while China races to the forefront of clean energy production at the expense of U.S. manufacturing, U.S. jobs, and U.S. energy independence. And we certainly can't shoot ourselves in the foot by helping to finance Chinese clean energy production.

Impact on Economy USA

Block Island could meet most of its electricity needs through clean energy generated by the eight-turbine wind farm proposed for southeast of the island, at reasonable prices usually associated with fossil fuel generation, Deepwater Wind CEO Bill Moore testified to the Pubic Utilities Commission Wednesday. However, that does not factor in the cost of a cable connecting Block Island to the mainland — essential to the viability of the project — or the above-market costs that mainland ratepayers would have to shoulder.

Impact on Economy Rhode Island

The executive director of the Energy Council of Rhode Island, a nonprofit organization known as TEC-RI that represents 35 of the state's biggest manufacturers, universities and hospitals, testified on Tuesday against an agreement under which Deepwater Wind would sell power generated by the offshore wind farm at more than twice the price National Grid pays for electricity from conventional sources.

Impact on Economy Rhode Island

Some of Rhode Island's largest users of electricity have come out for the first time in opposition to a proposed power-purchase agreement between National Grid and the developer of an eight-turbine wind farm in waters off Block Island. ..."We have concluded that this contract includes a price that is so high that it more than negates any other potential attractive features."

Impact on Economy Rhode Island

A key finding revealed that in addition to the infrastructure and operating costs for wind turbines and equipment and transmission facilities, there is an extra 10 percent cost for wind energy to Nebraska utilities - or $5.41 a megawatt-hour - to integrate wind generation into the generation mix. This cost was evaluated at the 10 percent wind generation level and takes into consideration the cost of using other generation facilities to help balance wind power's variability.

Energy Policy Impact on Economy Nebraska

A group of senators wants to halt stimulus funding for several wind projects regarding concern that the program has subsidized too many jobs overseas. The dispute began after a planned Texas wind farm with substantial Chinese investment announced it would seek a $450 million stimulus tax credit. The developers initially said the project would support 3,000 jobs in China and about 300 in Texas.

Impact on Economy USA Texas

A group of senators wants to halt stimulus funding for several wind projects regarding concern that the program has subsidized too many jobs overseas. The dispute began after a planned Texas wind farm with substantial Chinese investment announced it would seek a $450 million stimulus tax credit. The developers initially said the project would support 3,000 jobs in China and about 300 in Texas.

Impact on Economy Texas USA

The Nebraska Power Association Board of Directors has released the results of a yearlong, statewide study that determined various cost and operational impacts of adding large amounts of wind-powered generation to the state's electric power grid.

Impact on Economy Nebraska

A group of Democratic senators may seek to halt stimulus funding for wind-energy projects over concerns that the program is subsidizing jobs overseas. The dispute was prompted by a proposed wind farm in West Texas, whose investors planned to use Chinese-made turbines and seek a $450 million stimulus grant. The senators insist that stimulus funds shouldn't go to projects that get most of their materials from abroad and create "the bulk of their jobs" in other countries.

Energy Policy Impact on Economy USA Texas