Q. Please state your name and position. A. My name is Charles Simmons and I have been retained to provide assistance to Highland Citizens in regard to the application of Highland New Wind Development, LLC to construct a wind generation facility in Highland County. Editor's Note:This testimony provides an excellent description of how a grid works- particularly the role of 'economic dispatch' and 'spinning reserves'. It also addresses the methodology for estimating emissions savings and numerous other topics of interest.
Documents filed under Impact on Economy from Virginia
This page [author's website] is dedicated to economic information that applies to wind-power projects anywhere in the United States and specifically applies to the Highland New Wind Development project proposed for the northwestern corner of Highland County, VA. Let me say right up front that I am not an economist or tax accountant. I will try to compile factual information on the economics of wind power along with the opinions of recognized experts in this field. Editor's Note: This provides a good overview of the production tax credit, capacity factor, renewable portfolio standards, renewable energy certificates. and accelerated depreciation. Readers are encouraged to visit the author's site via the link below for the most current version, e.g. the author is planning to update the production tax credit information to the current prevailing rate of 1.9 cents per kWh.