[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]



LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Wave of costs doom wind plans  

Credit:  The OBSERVER, www.observertoday.com 29 September 2011 ~~

It is official. The plug has been pulled by the New York Power Authority on the Great Lakes Offshore Wind project.

A major drawback to plans for turbines in Lake Erie was the subsidy for the program, which would have been paid for by the authority. That cost was between $60 million and $100 million.

“The electricity (wind turbines) produce is far more expensive than standard energy and cannot compete in the free market,” County Legislator George Borrello said. “Since wind is unreliable, it requires back-up from traditional power plants. Companies that got into the windmill business did so to get their piece of the taxpayer dollars being thrown around by the state and federal governments. The only green involved here is money.”

Clean energy may be a priority for Gov. Andrew Cuomo and President Barack Obama, but costs of these projects must be the driving force.

If there is no cost benefit to these plans and subsidies are required to make them happen, that is a losing proposition. One our region and state does not need at this time.

Source:  The OBSERVER, www.observertoday.com 29 September 2011

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

Wind Watch on Facebook

Follow Wind Watch on Twitter