Electricity prices threaten wind farm

April 8, 2010

“And if we can’t make (the Springfield project) work,” she said, “you’re going to see small wind farms having trouble getting off the ground in the future.”

Wisconsin utilities searching for renewable electricity sources are more likely to invest in large-scale wind farms or import from out of state, Lummus said. But, she said, that hurts Wisconsin because the state loses jobs and the money from land sales.

Madison Gas & Electric’s reluctance to pay nearly three times the going rate for wind farm electricity could kill an estimated $20 million Wave Wind project planned for Springfield.

If there is no need and the price is higher than market rates, Kraus said, ratepayers should not have to pay more.
“We have to be responsible to the customer,” he said.
HTML clipboard
“It makes sense as a business model,” he said. “But it’s terrible for energy policy in this state. When you look at why companies are OK with their energy supply right now, it’s because the economy’s down. When it recovers, they’re going to be right back to where they were.

“The issue here is the economics of scale,” he said. “When you’re looking at larger projects, the price comes down. And wind resources in northern Iowa and western Minnesota are better than they are in Wisconsin.”

Without an agreement with MG&E, Lummus said, Wave Wind, which does business in 11 other states, likely will pursue a project in New Mexico.

Six-turbine wind farm $20 million?

Read full from DailyReporter

Read More From Source:Electricity prices threaten wind farm" -

Thank You for Contributing

Sharing is Caring: Our goal is to guide Environmental, Health and Safety professionals to the best EHS resources available. By bringing focus to leading sources of that information.

EHSnews.org is the first global aggregator of official Environmental, Health and Safety information in real-time that derives post excerpts.

ALL excerpts and content from contributors "shared" items require links to original articles and authors are to be included in ALL content.

PLEASE report any post or content not correctly citing original source and it will be remove immediately and contributor will be flagged.

Thanks - Editor

See Full Site Disclaimer Here