Library filed under Impact on Economy
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
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.
It has been a chastening experience. The government failed to cut subsidies when renewables were booming, so the cuts have had to be draconian. It imposed no cap on new capacity and stood by while that grew uncontrollably (this also happened in Germany). The promised jobs have vanished.
The reason for their anger is said to be the fact that the new methodology yet again envisages priority purchasing of expensive renewable energy, which means that in cases of reduced electricity consumption, restrictions may be imposed to the output of all other types of energy plants except for green energy plants.
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.
His motion was ‘that the county council urgently undertakes a wide-ranging study which considers the effect of existing and planned onshore windfarms on our tourism industry. This is crucial in order to determine the impact such large-scale development may have on our local businesses and visitor perception'.
"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.
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.
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.
A new group trying to rally opposition to Cape Wind is being run by the owner of an ice cream shop located on a quiet back road in Kingston, N.H., several towns over from the Massachusetts border
"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.
As electricity bills soar and Germany's transition to renewables falters, patience is wearing thin. Many companies complain of the high costs, and fear a threat to their existence.
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.
"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.
Spain had a thriving renewable energy sector, until the bottom fell out of the economy. In the Spanish government's efforts to find funds to operate, it decided its subsidies for renewables were too high. Not only did it reduce subsidies, it actually went after subsidies already awarded in previous years.
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.
Germany's plans to pioneer green energy seem to be suffering a setback. The government's push to expand renewable power sources is being bankrolled by the taxpayer. RT's Peter Oliver reports, many are questioning whether that money is being wisely spent. Duration: 3 minutes 13 seconds
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.
Germany-based Nordex SE, parent company of Nordex USA, said the company had not received enough orders due to an uncertain U.S. market, overcapacity in the industry and an unstable outlook for a federal tax production credit. The company said factory workers would be let go after existing orders have been filled.
Next week the county council will be asked to support a motion by opposition Tory group deputy leader Glen Sanderson calling on the authority to conduct a wide-ranging study into the effect of existing and planned onshore wind farms on the tourism industry.