Library filed under General from Australia / New Zealand
While wind farms in Australia can have long term power purchase agreements out to 2030, the financing arrangements are much shorter, usually around 5 years. This means that most, if not all, wind farms, will be up for refinancing in the next few years. When that happens, the major banks will review the state of the market, and are either likely to raise the price of debt, or do an “equity sweep.”
A $150 million wind farm southwest of Cairns is in jeopardy as the Federal Government is reportedly planning dramatic cuts to the Renewable Energy Target scheme.
Opponents of a proposed wind farm near Tarago are calling on the state government to ‘do its job.’ Community consultative committees (CCCs) are mandatory under guidelines but are nothing more than a ‘fig leaf,’ says a residents’ group.
In April a Department of Planning investigation found that 69 of the Gullen Range wind farm’s 73 turbines had been built in the wrong location. On Wednesday the Department recommended that just two of these be pulled down and put in the right spot.
The Department of Planning’s recommendation to tear down two turbines was partly based on legal advice, says Goulburn MP Pru Goward. If had ordered that all Gullen Range turbines placed in the wrong location be removed, it could be legally challenged.
State government bureaucrats have specifically banned the future construction of wind turbines and wind farms from the leased port area. ...‘‘The experience in Brisbane was if you give a little bit over for this and another bit for that, the port operations get pushed right to the mouth of the port.’’
Esperance Shire President Malcolm Heasman said although the loss of the turbines signifies the end of an era, it would have no impact on power generation for the town. "Obviously green energy is the better way to go, but it is an expensive way of generating power," he said.
Projects set to generate hundreds of jobs and millions of investment dollars for South Australia are at risk or on hold because of uncertainty over a national target to increase renewable energy generation.
Queensland Deputy Premier Jeff Seeney will determine the fate of a controversial wind farm proposed on the far north's Atherton Tableland.
Treasurer Joe Hockey has attacked wind farms as “utterly offensive and “a blight on the landscape” in the latest sign that the Abbott government intends to cut back on renewable energy.
A victorian construction union has been banned from leaving cars or equipment near entrances to a $400 million wind farm after a costly industrial battle reignited.
The O'Farrell government on Wednesday removed the "critical infrastructure" status for wind farms created by the former Labor government, restoring the community's rights to appeal against decisions made by the independent Planning Assessment Commission. "We changed Labor's rotten laws in 2011 ensuring major projects like wind farms would be considered in an open and transparent process," Planning and Infrastructure Minister Brad Hazzard said.
The commission ignored the guidelines’ provision that turbines should not be located within two kilometres of homes in its approval for the 42-turbine project planned for Blayney, south of Orange. “The Commission notes that NSW has not finalised its draft guidelines from 2011 and understands that the draft did not prohibit turbines being constructed within two kilometres of a dwelling,” the PAC said.
The State Department of Planning and Infrastructure says wind turbines at the Gullen Range wind farm are not being built to plan. Many of the 73 turbines have been built at locations up to 187 metres away from those originally planned and authorised.
The company behind a 73-turbine wind farm currently under construction at Gullen Range near Crookwell has been rebuked by the Department of Planning and Infrastructure for building turbines in unauthorised locations and as far as 187 metres away from the approved sites.
Meridian Energy has been given a further 12 months to start work on a proposed wind farm between Taihape and Waiouru. The company received resource consent in February 2009 for a 52-turbine project called Central Wind. A condition of the consent was that the company had five years to start work on the project.
A $1.5 billion wind farm south-west of Ardrossan on Yorke Peninsula in South Australia has been approved. ...The Heartland Farmers group says the wind farm will hurt agricultural land particularly given the area is more densely populated than other wind farm sites. Its Chairperson Naomi Bittner says it's not satisfied the project meets planning guidelines and is surprised it's been approved.
The first Mt Mercer Wind Farm turbine only began generating power last November 19. Two months later, 15 of its planned 64 turbines are up and running – and residents who live close by are cautiously awaiting the wind farm hitting full capacity.
Meanwhile, a purpose- built, gas-fired power station, designed to step in during peak demand is running at full capacity, according to operator Origin Energy. The region’s wind farms have been unable to alleviate demand pressures. A spokeswoman for AGL said the company’s 140 turbine Macarthur wind farm had limited output because of weather conditions.
The winds of change have blown through plans for a wind farm at Palmer, as dozens of proposed turbines have been moved and a planning application pushed back to February in response to community feedback.