Library filed under Offshore Wind from USA

As turbine effort secures financing, conservationists speak out

The project was technically feasible, but the energy output from the turbines — 120 to 500 megawatts — would have cost two to four times more than land-based wind, according to a NYPA news release. The NYPA said annual subsidies of between $60 million and $100 million would result in high costs to the New York Power Authority. Great Lakes Wind Truth and NA-PAW were outspoken against the GLOW project, with hundreds of residents in the town of Greece, N.Y., signing a petition against it.
22 Dec 2013

As turbine effort secures financing, conservationists speak out

The project was technically feasible, but the energy output from the turbines — 120 to 500 megawatts — would have cost two to four times more than land-based wind, according to a NYPA news release. The NYPA said annual subsidies of between $60 million and $100 million would result in high costs to the New York Power Authority. Great Lakes Wind Truth and NA-PAW were outspoken against the GLOW project, with hundreds of residents in the town of Greece, N.Y., signing a petition against it.
22 Dec 2013

Offshore observations of Eastern Red Bats (Lasiurus borealis) in the Mid-Atlantic United States using multiple survey methods

Journal.pone.0083803_thumb This important paper examines bat movement and foraging offshore along the United States eastern shore. The authors raise the concerns that migratory bats are at risk of mortality due to offshore wind turbines. The abstract and a portion of the paper's background section is provided below. The full paper can be accessed by clicking the links on this page.
19 Dec 2013

Unhappy with BPU, legislature looks to get offshore wind moving

The Legislature is trying to jumpstart offshore wind farms, a move spurred by frustration with the Christie administration’s failure to adopt regulations to make it happen in New Jersey. A bill (A-4538) introduced last Thursday by the deputy speaker of the Assembly John Burzichelli (D-Gloucester) proposes to have offshore wind projects financed by the state’s four electric utilities, which would recover the money from consumers -- and then some.
17 Dec 2013

Day of reckoning looms for disputed plan for offshore wind farm

Economics, however, seemed to be the biggest factor in the state agency’s opposition. Fishermen’s Energy project relies on lucrative federal tax credits to make the project viable from a business and ratepayer perspective, but those incentives expire at the end of this year, unless renewed by Congress, and that appears to be a long-shot prospect, at best. “Most importantly, FACW has failed to credibly demonstrate that it will actually receive, at this late date, all of the federal subsidies,’’ the staff said in its brief.
6 Dec 2013

UMaine releases offshore wind project proposal

The University of Maine and its partner companies have offered a glimpse into their offshore wind project proposal, releasing information about plans to supply some power directly to Monhegan Island, the companies working on the project and more specifics on its technology.
7 Nov 2013

With Statoil's exit, wind industry looks to UMaine

One thing utility customers are eager to see is how much they'll have to pay to support the project. That figure likely won't be released until next month. Price was a sticking point for LePage's administration when it came to Statoil's project, which it said would have pushed $200 million in costs onto utility customers over 20 years. LePage, called it a bad deal for the state.
25 Oct 2013

South Terminal blasts don't make much of a splash

It wasn't a large plume of smoke. More like a puff. It was white, with a dim flash of red at the beginning. Roughly 30 seconds after the smoke dissipated, a small fountain of water bubbled up to the surface. It was the first of what will be 50 blasts in the bedrock to make way for large boats carrying turbine components to the under-construction South Terminal. Bill White is director of offshore wind for the Massachusetts Clean Energy Center, which owns South Terminal.
25 Oct 2013

Deepwater wind moves into 'execution mode' for demo Block Island wind project

With the focus on project completion, Grybowski says the company's top priority is ensuring that Deepwater is able to satisfy the 5% safe-harbor provision to qualify for the investment tax credit. Among other requirements, developers must incur 5% of the project's cost by Dec. 31 to be eligible for the tax incentive. To satisfy the U.S. Treasury's 5% spend threshold, Deepwater plans to use a combination of "historical expenditures" and contracts signed with vendors until the end of the year.
24 Oct 2013

Paying the price for Deepwater Wind

The agreed-upon price was the one needed to support Deepwater Wind’s return on investment and to attract investors. No consideration was given to a price that would benefit both Deepwater and the consumer. In fact, in none of my research on the government’s position did I see the needs of the consumer addressed. In short, a biased, thoughtless process of negotiating the Deepwater Wind contract left the consumer holding the bag with much of the company’s development costs and profit.
23 Oct 2013

Cape Wind seeking government help to secure financing

Parker hopes that Cape Wind can't find lenders to help pay the more than $2 billion it will take to build 130 wind turbines, each one rising more than 400 feet out of Nantucket Sound. Cape Wind at one point said they would have no problem borrowing money to build the wind farm if the Massachusetts Department of Public Utilities approved generous agreements with power companies.
23 Oct 2013

Cape Wind seeking government help to secure financing

Parker hopes that Cape Wind can't find lenders to help pay the more than $2 billion it will take to build 130 wind turbines, each one rising more than 400 feet out of Nantucket Sound. Cape Wind at one point said they would have no problem borrowing money to build the wind farm if the Massachusetts Department of Public Utilities approved generous agreements with power companies.
23 Oct 2013

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