Library filed under Impact on Economy

Wind Failure

Once the darling of the energy world, CBC News reporter Robert Jones reports that wind turbines in New Brunswick are expensive, unreliable and failing to meet production targets every year since coming online in the years 2008 to 2012. Duration: 1 minute 57 seconds
26 Jul 2013

Windfarm battle shifts from Europe, China

European and Chinese wind turbine makers are poised to do battle away from their domestic markets as the focus in the 60 billion euro ($85.6 billion) industry shifts to North America, Brazil and India. Hit by overcapacity and plunging prices in Europe and China's saturated markets, manufacturers of wind turbines are under pressure to find new areas of growth to boost single-digit profit margins.
23 Jul 2013

Unfair competition? EU takes on German Green Energy Law

Under the law, German electricity users pay a charge that goes towards funding renewable energy generation. Competition Commissioner Joaquin Almunia believes that exemptions granted to some energy-intensive German companies from those charges run counter to EU law. The Commission plans to launch proceedings and also require companies to repay the charges they were exempted from in the past.
15 Jul 2013

Wind of austerity chills Spanish turbine industry

"The economic crisis and the absence of a stable regulatory framework have slowed domestic demand," the group said, stressing the lack of activity in its Spanish sites. Spain's Gamesa, which is among the industry's world leaders, gave the same reasons as it laid off 606 of its 4,800 staff in Spain and closed two blade factories in recent months.
14 Jul 2013

N.D.'s largest wind farm: Concern raised for properties not enrolled in Courtenay Wind Farm project

The footprint of the project runs about 11 miles from north to south and six miles from east to west. But it is not the size of the footprint that concerns PSC members. "I've never seen a project with as many people inside the project that are not participants," Kalk said. The map of the project includes about 16 quarter sections of land not participating in the project.
13 Jul 2013

Tri-State: $1 billion cost to meet Colorado's renewable-energy goal

The $1 billion figure covers the cost of new wind farms, natural gas power plants to provide power when the wind isn't blow and transmission lines, Dave Lock, Tri-State's senior manager for government relations told a new committee Wednesday. ...Colorado Attorney General John Suthers, said that "in a perfect world" the committee would have been convened to reach consensus on the issues a year ago.
11 Jul 2013

Power bills tax shock

"As Queensland Energy Minister Mark McArdle has pointed out, the RET [renewable energy target] and the carbon tax now make up 18.9 percent of the average $1900 annual electricity bill. "That's for domestic power bills. It's many times more expensive to operate a modern, mechanised farm and food-processing business.
11 Jul 2013

Legal challenge prompts West Grey to rewrite fee bylaw

The fees range from posting $100,000 performance bond for each turbine during the 20 year projected life of the machines, to $50,000 deposit for a peer review of reports generated in the renewable energy application process. Other security deposits include $50,000 for use of a municipal roadway by heavy equipment during installation and maintenance of the turbines.
9 Jul 2013

Despite PTC extension, turbulence still prevalent in U.S. wind market

"We are reacting to the weakened demand from the U.S. market, brought on by the unpredictable extensions of the PTC, and the resulting low utilization rate of our U.S. assembly plant," said Dr. Jürgen Zeschky, CEO of Nordex SE, in a statement. Without Canadian or South American orders back-stopping production, there was no business case for Nordex to keep its U.S. facility going.
9 Jul 2013

Wynne's wind fiasco; Website explains the real story of electricity generation in Ontario

Because wind is so inefficient, the only way to make it economically viable is to do what the Liberals have done. They're forcing us to pay inflated prices for it on our hydro bills, for 20 years, and forcing us to buy wind power first, even though we don't need it, because Ontario has an energy surplus, due to its beleaguered manufacturing sector. This means we dump less expensive (and "green") hydro power, for example, or sell it at a loss to Quebec or the U.S., to pay for wind.
6 Jul 2013

Green Energy Bust in Germany

Germany is indeed avoiding blackouts—by opening new coal- and gas-fired plants. Renewable electricity is proving so unreliable and chaotic that it is starting to undermine the stability of the European grid and provoke international incidents. The spiraling cost of the renewables surge has sparked a backlash, including government proposals to slash subsidies and deployment rates. Worst of all, the Energiewende made no progress at all in clearing the German grid of fossil fuels or abating greenhouse emissions—nor is it likely to for at least a decade longer.
1 Jul 2013

http://www.windaction.org/posts?p=11&topic=Impact+on+Economy
back to top