[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

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


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

Study says wind turbines, solar farms could spike energy prices, cause job losses  

Credit:  By Jeff Hampton | The Virginian-Pilot | July 24, 2016 | pilotonline.com ~~

North Carolina’s renewable energy mandate will cause a spike in electric bills and the loss of more than 43,000 jobs by the end of the decade, a new study contends.

Dozens of solar energy projects with thousands of panels glistening by the roadsides have been constructed in northeastern North Carolina in counties such as Pasquotank and Currituck. A 22,000-acre wind turbine farm – the largest in the southeastern United States – is under construction west of Elizabeth City.

North Carolina law requires that 12.5 percent of the energy produced comes from renewable power sources by 2021. It is the only mandate of its kind in the Southeast, according to the U.S. Department of Energy.

Virginia has a voluntary goal of 15 percent renewable energy by 2025.

Renewable energy opponents and supporters have debated each other for years and lobbied for state and federal legislation favorable to their cause. Both sides publish studies with statistics advocating their point of view.

The latest study’s conclusions resulted from calculations based on higher costs to consumers for renewable energy and the negative effects on business of higher power bills, among other factors. Timothy Considine, an economics and energy expert at the University of Wisconsin, conducted the study. The results were published by the Civitas Institute, a conservative nonprofit based in Raleigh. The institute did not fund the study.

North Carolina energy prices are expected to increase by 42 percent and the state could lose more than 43,277 jobs by 2020 because of the emphasis on renewable energy, according to Considine’s study. Overall economic losses in the state will be $7.1 billion in 2020, the study said.

The study focused on North Carolina but included some statistics from other states, including Virginia. Virginia could lose more than 18,779 jobs by 2020 if the state reaches its renewable energy goals, according to the study.

“Government mandates like the Renewable Portfolio Standard do far more harm than good to the people of our state,” said Brian Balfour, executive vice president of the Civitas Institute.

Renewable energy groups and businesses point to the economic and environmental benefits.

A report published by the North Carolina Sustainable Energy Association shows that between 2007 and 2015, North Carolina saw a total economic impact of $12 billion generated from $6.3 billion in clean energy investments. Research nonprofit RTI International in Raleigh did the report.

Clean energy development supported 82,403 full-time jobs in the same eight years.

The Pasquotank wind farm, with 104 turbines, created 240 construction jobs and will maintain about 14 permanent jobs. Sixty farmers leasing land for the wind farm will earn $6,000 annually per turbine. Pasquotank and Perquimans counties are expected to receive $250,000 annually in tax payments.

Considine’s study is one of the most complete available on the adverse economic impacts of renewable energy, Balfour said. Coal and natural gas energy costs approximately $38 per megawatt hour to produce, about one-third the cost of solar and wind power, according to charts in the study. Considine calculated energy costs using formulas that include construction, tax subsidies, operation, maintenance, duration and efficiency, among other factors.

Source:  By Jeff Hampton | The Virginian-Pilot | July 24, 2016 | pilotonline.com

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

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.