Library filed under Impact on Economy

Wind farm blamed for higher mainland power rates

“Newport residents, as well as residents of other Communities, have received new electric and gas bills that are giving them anxiety and sticker shock due to huge increases; And... the new distribution charges are increasing bills by huge percentages and are compromising residents’ ability to pay necessary life expenses for rent, food, medical needs; And... the RI PUC’s decision to put the significant increase in renewable power costs from off-shore wind and net-metering into the Distribution charge and not the Power Charge so that consumers cannot opt to purchase equivalent power from outside Rhode Island as provided by law...”
19 Jan 2018

Power prices go negative in Germany, a positive for energy users

The wholesale costs of power make up only about a fifth of the average household electricity bill in Germany. The rest is a stew of taxes, fees to finance renewable-energy investments and charges for use of the grid. That means their bills are lower than they otherwise would be, because power prices are sometimes negative, but utilities are not depositing money in customers’ bank accounts.
26 Dec 2017

Ontario lost up to $1.2 billion selling clean energy: engineers

Ontario lost between $732 million and $1.25 billion over the past two years selling surplus clean electricity outside the province, an analysis by the Ontario Society of Professional Engineers (OSPE) estimates. That’s the difference between what Ontario agreed to pay to produce nuclear, water, wind and solar power, and the bargain basement price it sold it for on the international market.
21 Nov 2017

Fishermen worry wind farms could damage business

Scola is concerned about state and federal regulations. But his big concern is the prospect of hundreds, and perhaps even thousands, of giant wind turbines spread out in the New York Bight, an area along the Atlantic Coast that extends from southern New Jersey to Montauk Point. It’s one of the most productive fishing grounds on the Eastern Seaboard.
17 Nov 2017

Is the reputation of Scottish offshore wind on the line?

The document claims that ‘it has been widely assumed that the underlying costs of offshore wind are falling and that the CfD prices indicate a sudden paradigm for the technology’. Yet, the report points to statistical analysis of the data, covering 86 wind farms, which suggests that the capital cost of offshore wind (£/MWh installed) is not in actual fact falling, but actually rising as a consequence of companies moving into deeper and deeper waters.
10 Nov 2017

Rising Electricity Costs and Declining Employment in Ontario’s Manufacturing Sector

Rising-electricity-costs-and-declining-employment-in-ontarios-manufacturing-sector_thumb This report by the Fraser Institute finds that Ontario’s Green Energy Act and its induced inefficiencies, have caused electricity prices to increase dramatically —now the highest in Canada—have cost the province an estimated 74,881 manufacturing jobs since the 2008 recession. High electricity prices are threatening industrial competitiveness, in particular that of the manufacturing sector for which electricity is a major input cost. The executive summary is provided below. The full report can be accessed by selecting the links on this page.
13 Oct 2017

Branan: Wind hasn’t delivered

Legislation to cut off the subsidy on July 1 passed the Oklahoma House and a Senate committee, potentially saving the state billions of dollars, but lawmakers still must contend with an army of pro-wind lobbyists before casting the decisive votes. Our state has many other needs, from education to infrastructure repairs, more important than subsidizing the mature wind industry. Please reach out to your legislators to make sure they make the right decision on this critical issue.
31 Mar 2017

Alexander: TVA shouldn't raise Tennesseans' electric bills to buy power it doesn't need

"TVA has concluded that it doesn't need more power for the foreseeable future. Therefore, its board should resist obligating TVA's ratepayers for any new large power contracts, much less contracts for comparatively expensive and unreliable wind power. Instead, TVA should continue to provide low-cost, reliable power to the region that boosts economic development throughout the Tennessee Valley."
23 Mar 2017

GVEA: Financial cost of interconnecting Delta Wind Farm

Gvea-letter-3-15-2017_thumb Alaska's Golden Valley Electric Co-Op denies a proposal by DWF to connect a new 13.5 megawatt ("MW") wind facility arguing, among other things, that the cost of interconnection would be higher than the benefits of the project.A letter with supporting evidence was submitted to the Regulatory Commission of Alaska. A portion of the letter appears below. The full document can be accessed by clicking the links on this page. 
15 Mar 2017

Energy expert warns green targets could cause European-style ‘mess’

“While emissions-reduction policies are politically fashionable, the obvious result of the EU’s policies has been ... growing backlash at the soaring cost of the renewable-heavy mandates. The backlash is also coming from rural landowners who are inflamed by the encroachment of large wind-energy projects on their neighbourhoods. This backlash has forced European policy makers to begin scaling back their plans.”
9 Dec 2016
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