Articles filed under Impact on Economy from USA

Wind farm giant goes after 'myths'

Woody Miller, a realtor at Coldwell Bank and Old Mill Properties in Bristol, said the Groton wind farm has likely already slowed the sale of one of his properties in neighboring Rumney. "I would argue that wind farms here will have a substantial effect on fair-market property values. If you eliminate even a few of the pool of potential buyers for a particular property, it hurts property sales and therefore values."
11 Feb 2013

New Hampshire is at a crossroads: Towers or tourism?

We are presently at a critical point in New Hampshire. Foreign wind farm companies are rushing to construct huge wind turbine projects along NH's ridgelines, in ways that will forever change the landscape of our state, unless we act now. We need to institute an immediate state-wide moratorium on such projects, before we reach the point of no return.
8 Feb 2013

Are utilities using deep pockets to battle local valuations?

Dalton selectmen were told by a Public Service of N.H. official that the utility feels it has a favorable legislature and court system and most communities are too financially stressed to be able to put up a credible defense. The message being put out by utilities is the communities do not have the resources to withstand the "onslaught and should settle for whatever terms are offered".
29 Jan 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

Siemens' layoffs reverse wind energy trend

The giant producer of windmill blades cited record low natural gas prices, the impact of the recession and the reluctance by the U.S. Congress to enact legislation regarding production tax credit for new wind turbine installations. New orders had fallen off, causing the company to adjust manufacturing, projects and administrative support functions of the wind power production business.
26 Dec 2012

Low wholesale electricity prices making waves in Montana's power industry

Van Jamison, a vice president for Gaelectric, an Irish firm developing several wind projects in Montana, says in the past few months, scores of potential wind projects here have withdrawn their spot from the queue for transmission of their power, meaning they've pulled back on their plans. "This is not a very robust market, where you'll be able to make any kind of money any time soon."
23 Dec 2012

Low wholesale electricity prices making waves in Montana's power industry

Van Jamison, a vice president for Gaelectric, an Irish firm developing several wind projects in Montana, says in the past few months, scores of potential wind projects here have withdrawn their spot from the queue for transmission of their power, meaning they've pulled back on their plans. "This is not a very robust market, where you'll be able to make any kind of money any time soon."
23 Dec 2012

Power producer Edison Mission nears bankruptcy filing

Edison Mission owes bondholders $3.7 billion and could yet reach a deal with those creditors before next week in an attempt to stay out of bankruptcy. But the bonds are held by a wide array of investors, making it difficult to get enough creditors to sign off on a deal, the people familiar with the matter said.
14 Dec 2012

http://www.windaction.org/posts?location=USA&p=9&topic=Impact+on+Economy&type=Article
back to top