Library filed under Offshore Wind from USA

Judge rules in favor of Cape Wind plans

"If instead of a judicial robe, I were to wear the hat of John Muir or Milton Friedman, I might well conclude that the Cape Wind project should have been built elsewhere (or not built at all), or that the NStar-Cape Wind contract should never have been approved," Stearns wrote. ...The banks expect to provide more than $400 million in debt themselves in addition to $900 million in potential financing from other sources.
3 May 2014

BPU rejects Cape May group’s plan for offshore wind farm

The company claimed those costs would amount to $199 per megawatt hour, but that rate was dependent on it receiving up to $100 million in federal subsidies. The BPU’s staff questioned that aid, part of which was based on a federal tax investment credit, which expired at the end of 2013. Without the subsidies, the cost of credits to consumers would balloon to $263 a megawatt hour. “It’s simply too high a price for ratepayers,’’ said BPU President Diane Solomon.
22 Mar 2014

National Grid submits proposal to take over construction of Deepwater transmission lines

National Grid has submitted a proposal to the R.I. Division of Public Utilities and Carriers to construct the transmission system for the Deepwater Wind Block Island Wind Farm, instead of purchasing the completed system from Deepwater Wind as in previous plans. National Grid has also proposed paying Deepwater Wind $9.5 million for assets already invested in developing the transmission system.
21 Mar 2014

NJ rejects 3-year effort to install wind farm off Atlantic City coast

The three-year effort by a coalition to build the country's first offshore wind farm in waters off Atlantic City appears dead in the water after the state Board of Public Utilities rejected the proposal today. The unanimous decision by the BPU followed a recommendation by its staff, which said the $188 million proposed project was not financially viable because it left ratepayers on the hook for too much money if expected federal grants did not materialize.
19 Mar 2014

Political ambitions in N.J. seen as helping to derail pilot project off Atlantic City

That tab, according to BPU staff, could be about $187 million if outside financing falls through. Staff members have argued in board documents that because federal grants are not certain, the project would pose technical and economic risks as proposed. A spokesman at the BPU said this does not mean staff members there oppose the project outright, as has been reported by other news outlets.
18 Mar 2014

State regulators may deep-six proposed offshore wind farm

The state Board of Public Utilities is expected next Wednesday to vote on a proposal by Fishermen’s Energy, LLC to build a 25-megawatt wind farm about three miles off Atlantic City. Several sources told NJ Spotlight that the staff is currently recommending the commissioners kill the project, which has been pending before the agency for three years.
13 Mar 2014

Reporter: Wind Resistance

The opposition is prepared to assert that wind farms are visual blights and environmental disturbances. But Deepwater’s adversaries believe that the high cost of this particular type of green energy is their strongest argument. A stack of handouts by the door to the Narragansett Town Council chambers raised the alarm. They proclaimed: “Wind Power Invasion Coming Soon,” and warned of a “predatory development,” and “a risky venture,” doomed to fail, while guaranteeing “huge profits” to Deepwater Wind.
9 Mar 2014

http://www.windaction.org/posts?location=USA&p=22&topic=Offshore+Wind
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