Library filed under Impact on Economy

ERCOT: Energy producers should notify military before connecting to power grid

Sheppard Air Force Base has asserted that proposed wind developments in nearby Clay County would interfere with its radar operation and flight training missions. If erected, wind turbines in a 25-mile radius of the base could cause Sheppard's mission to be moved to another military installation, a move that likely would be a crippling blow to the Wichita Falls economy.
26 Aug 2016

Ontario electricity has never been cheaper, but bills have never been higher

The province signed long-term contracts with a handful of lucky firms, guaranteeing them 13.5 cents per kWh for electricity produced from wind, and even more from solar. Obviously, if the wholesale price is around 2.5 cents, and the wind turbines are guaranteed 13.5 cents, someone has to kick in 11 cents to make up the difference. That’s where the GA comes in. The more the wind blows, and the more turbines get built, the bigger the losses and the higher the GA.
12 Aug 2016

Thorny issues challenge California's commitment to renewable energy goals

“There is a regressive nature to some of these things,” Lt. Gov. Gavin Newsom said Friday, noting that more than 1 million state households spend more than 10% of their income on energy. “We have to be sensitive to issues relating to energy costs.” ... renewable energy goals will require going far beyond putting up new wind turbines and solar array farms. 
16 Jul 2016

High South Australia energy prices hit Arrium hard

Rising energy prices fuelled by South Australia's ambitious renewable energy target  have helped send stricken Whyalla steelmaker Arrium cap in hand to governments seeking $150 million-plus in taxpayer aid. Higher energy prices may have added as much as $12 million to Arrium's annual costs, with rising gas prices and South Australia's wind and solar power among the main culprits. 
29 Jun 2016

Clean power will cost more; Report says state is in bind on emissions

The long-term contracts also burden electric ratepayers with more risk, according to the study. One of the reasons Massachusetts deregulated the electric industry was to shift the risk of building power plants from consumers to energy developers. Fixed-price, long-term contracts negotiated by utilities under the direction of the state would shift the risk needle back in the direction of electric ratepayers.
24 Jun 2016

Prices swing wildly as renewable use rises

"[South Australia] has moved so far ahead of the rest of Australia in terms of changes of generation", with a prominent role for renewable energy which has forced the closure of coal-fired power stations, he said. "Not only are they paying through the nose for their electricity, but with large price declines last year, and now the big rises this year – you can't get stability in household budgets.
16 Jun 2016

Open letter to Premier Kathleen Wynne

Did the wind industry ever tell you that their turbines are of no practical use for most of the time? Do you now understand the meaning of the capacity factor? Repeat: it is time to put the welfare of Ontarians ahead of your ego­ and stop this waste now. We all make mistakes, and the smart people learn from them. It is now clear to all critical and realistic thinkers that wind and solar will never replace or even moderately supplement nuclear and other reliable sources of the electrical energy in Ontario.
31 May 2016

CWLP shells out $100M-plus for wind power

For Springfield aldermen opposed to the 10-year-old Sierra Club deal that required the city to buy power from two wind farms, December 2018 can’t come fast enough. By then, both contracts will have expired, at which point City Water, Light and Power estimates it will have spent up to $150 million. So far, the utility has spent about $101 million. ...“There’s definitely a lesson for the future,” he said. “We have to be very, very careful when this contract comes back up. I don’t know how I could vote for it in most any form.”
29 May 2016

Dominion encouraged by new bids for offshore wind turbines, but no decision yet

A second round of bids to build two wind turbines off the Virginia Beach coast appears to have lowered the price, but Dominion Virginia Power officials haven’t decided yet whether to green-light the demonstration project. “We are optimistic, but it is a fairly hefty cost to deploy these turbines,” Mark Mitchell, a Dominion vice president, said in an interview Wednesday.
8 Apr 2016

http://www.windaction.org/posts?p=2&topic=Impact+on+Economy
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