Investors can see the writing on the Maine wall. The domino effect of municipalities across the state taking up preemptive "windproofing" ordinances, in diminished future subsidies.
And with Maine deciding her nearshore waters are fully exploited by working Mainers as is, and too economically important to clutter with subsidized windfarms, offshore wind is truly being sent OFFSHORE - ten miles and more to set them over the horizon.
American deepwater wind energy extraction, which Maine is fortunate enough to have been federally funded to design and deploy a full sized prototype for, will scare off smaller investors with the 7-figure costs associated with these windgobbling behemoths.
First Wind is in a classic rock & a hard place scenario. With Maine communities putting up aggressive defenses, its plans for an IPO may fizzle; investors likely won't touch their stock offering with a 450 foot pole.
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Showing posts with label First Wind. Show all posts
Showing posts with label First Wind. Show all posts
Mar 30, 2010
Windpower: investors' bubbles bursting in Maine
Labels:Penobscot Bay, Penobscot River
First Wind,
Maine,
windpower
Feb 7, 2010
Wild birds love Monhegan! University of Maine: keep your windchoppers away!
UMaine President Robert A. Kennedy can save Monhegan's birds. Won't you send him an email?
Tell him the University made the wrong decision: any of the four downeast candidate offshore wind energy test sites, but particularly the one off Machias, is better both for the University and for Maine people downeast, who will benefit as Machias becomes a global hub of wind-capture engineering
University of Maine: Keep out of Monhegan's winds & waters
Tell U Maine's President to Disavow the Lease of Shame;
Tell him:
* Don't sentence hundreds of birds of dozens of species to sure death every year as they travel to and from Monhegan.
* Don't put Monhegan's impossible-to-find-elsewhere majestic scenic views of the Gulf of Maine and of the American Mainland, untrammeled by the least intrusion of human activity, into the wastebin of history.
* Don't make the University of Maine an object of global scorn for clobbering the Gulf of Maine's ornithology.
Tell him the University made the wrong decision: any of the four downeast candidate offshore wind energy test sites, but particularly the one off Machias, is better both for the University and for Maine people downeast, who will benefit as Machias becomes a global hub of wind-capture engineering
University of Maine: Keep out of Monhegan's winds & waters
Tell U Maine's President to Disavow the Lease of Shame;
Tell him:
* Don't sentence hundreds of birds of dozens of species to sure death every year as they travel to and from Monhegan.
* Don't put Monhegan's impossible-to-find-elsewhere majestic scenic views of the Gulf of Maine and of the American Mainland, untrammeled by the least intrusion of human activity, into the wastebin of history.
* Don't make the University of Maine an object of global scorn for clobbering the Gulf of Maine's ornithology.
Labels:Penobscot Bay, Penobscot River
birding,
First Wind,
Maine birding,
Monhegan,
offshore wind,
UMaine,
University of Maine
Feb 3, 2010
Wind industry's "thirty pieces of silver" bill at Maine legislature. Listen.
Some here have wondered about what sort of economic benefits Vinalhaven and other Maine towns are gaining from becoming “host communities” to the University of Maine’s wind turbine research operations. Will they be real or hollow promises?
Tuesday at the Maine Legislature, there was a work session of the Utilities and Energy Committee on LD 1504, which has been renamed and entirely rewritten as “An Act to Provide Predictable Economic Benefits to Maine Communities that Host Wind Power Projects.” (copy not available)
Listen to the Utility & Energy Committee discuss the bill February 2, 2010 with Pete Didisheim of Natural Resources Council of Maine. (15 minute mp3)
This bill is a try at establishing a payout system to compensate Maine host communities for wind extraction-related degradation of their scenic and other natural assets by the sonic and visual pollution that is sometimes a byproduct of contemporary wind turbine technology. Compensation is also being considered for the no-go areas around and above wind farms set up for safety and security purposes.
Highlights of the worksession The Utilities and Energy committee’s staff policy analyst Lucia Nixon said that the re-written bill “will specify community benefit agreements that windpower developers be required to have with host communities, and the nature and level of payments under those agreements, provide more specificity in the statutes regarding tangible benefits, and the documentation of those benefits.”
Nixon said the stakeholders (who are they?) were tasked a week ago by the Committee to work together on a new bill version. They met last Friday, and the Utilities and Energy Committee staffer has been reviewing these stakes’ drafts by email as late as noon Tuesday. (2/2/10)
Pete Didisheim of Natural Resources Council of Maine's Wind Program spoke briefly, but then spent a good bit of time responding to questions from legislators at the work session, as spokesman for the selected group of stakeholders who are hammering out the wording of the bill. Pete told the committee that they’d come a long way in the last week but were “not quite there yet“. He said the discussion group expects to be done by Tuesday February 9th and would deliver something “that has the full support of the stakeholders and all the parties, and fully vetted through the agencies, the wind comunity and all the interested parties.”
At present, however, he admitted, there are “still a few issues. So rather than present it in its current form, we’d like to bring you the final product. when we can walk through it carefully and describe exactly what we disagree on.”
Representative David Van Wie had much to say to Pete. But he prefaced it with "I want to throw out a thought that hopefully won't cause people to wet their pants or set you back to zero or whatever."
What was this thought of Van Wie's risks ...um.....dampening the wind industry's enthusiasm?
"A wind production tax"
One of those issues is who levies such a tax? The affected municipality? The state? Federal government? “There’s quite a bit of concern, as you can imagine,” Pete said, “about that potentially being siphoned off to…other areas.”
So have NRCM and other stakeholders been talking to Vinalhaven people? Monheganites? Commiserating with the islanders over the loss of serene scenery and seaside silence? Do the islanders feel “vetted”?
Tuesday at the Maine Legislature, there was a work session of the Utilities and Energy Committee on LD 1504, which has been renamed and entirely rewritten as “An Act to Provide Predictable Economic Benefits to Maine Communities that Host Wind Power Projects.” (copy not available)
Listen to the Utility & Energy Committee discuss the bill February 2, 2010 with Pete Didisheim of Natural Resources Council of Maine. (15 minute mp3)
This bill is a try at establishing a payout system to compensate Maine host communities for wind extraction-related degradation of their scenic and other natural assets by the sonic and visual pollution that is sometimes a byproduct of contemporary wind turbine technology. Compensation is also being considered for the no-go areas around and above wind farms set up for safety and security purposes.
Highlights of the worksession The Utilities and Energy committee’s staff policy analyst Lucia Nixon said that the re-written bill “will specify community benefit agreements that windpower developers be required to have with host communities, and the nature and level of payments under those agreements, provide more specificity in the statutes regarding tangible benefits, and the documentation of those benefits.”
Nixon said the stakeholders (who are they?) were tasked a week ago by the Committee to work together on a new bill version. They met last Friday, and the Utilities and Energy Committee staffer has been reviewing these stakes’ drafts by email as late as noon Tuesday. (2/2/10)
Pete Didisheim of Natural Resources Council of Maine's Wind Program spoke briefly, but then spent a good bit of time responding to questions from legislators at the work session, as spokesman for the selected group of stakeholders who are hammering out the wording of the bill. Pete told the committee that they’d come a long way in the last week but were “not quite there yet“. He said the discussion group expects to be done by Tuesday February 9th and would deliver something “that has the full support of the stakeholders and all the parties, and fully vetted through the agencies, the wind comunity and all the interested parties.”
At present, however, he admitted, there are “still a few issues. So rather than present it in its current form, we’d like to bring you the final product. when we can walk through it carefully and describe exactly what we disagree on.”
Representative David Van Wie had much to say to Pete. But he prefaced it with "I want to throw out a thought that hopefully won't cause people to wet their pants or set you back to zero or whatever."
What was this thought of Van Wie's risks ...um.....dampening the wind industry's enthusiasm?
"A wind production tax"
One of those issues is who levies such a tax? The affected municipality? The state? Federal government? “There’s quite a bit of concern, as you can imagine,” Pete said, “about that potentially being siphoned off to…other areas.”
So have NRCM and other stakeholders been talking to Vinalhaven people? Monheganites? Commiserating with the islanders over the loss of serene scenery and seaside silence? Do the islanders feel “vetted”?
Labels:Penobscot Bay, Penobscot River
Angus King,
First Wind,
Maine,
Natural Resources Council of Maine,
NRCM,
Vinalhaven,
wind power,
windfarm,
windmills
Jan 22, 2010
Windiness Jan 2010 at Maine Legislature's Energy Committee
Listen to NRCM, First Wind & others testify to and be questioned on LD 1504 An Act To Require That Expedited Wind Energy Development Projects Provide a Tangible Benefit to Maine Ratepayers in the Form of Discounts to Future Electric Rates by the Legislature's Utilities & Energy Committee.
AUDIO
Senator Mills Chief sponsor. Recording begins, hearing already in progress...
Dave Willby, First Wind
Pete Didisheim, NRCM
Jeremy Payne, Maine Renewable Energy Ass'n
Representative Adams
Representative Russell
Shawn Mahaney, CLF
Dick Davies, PUC Public Advocate
John Cooney, Reed and Reed. R&R's memo on tangible benefits
Question: Should companies that "take" the scenic beauty and audio soundscape of our state on behalf of their shareholders be required to provide a special benefit to Maine ratepayers? Industry says: no way!
AUDIO
Senator Mills Chief sponsor. Recording begins, hearing already in progress...
Dave Willby, First Wind
Pete Didisheim, NRCM
Jeremy Payne, Maine Renewable Energy Ass'n
Representative Adams
Representative Russell
Shawn Mahaney, CLF
Dick Davies, PUC Public Advocate
John Cooney, Reed and Reed. R&R's memo on tangible benefits
Question: Should companies that "take" the scenic beauty and audio soundscape of our state on behalf of their shareholders be required to provide a special benefit to Maine ratepayers? Industry says: no way!
Labels:Penobscot Bay, Penobscot River
First Wind,
Maine,
NRCM,
offshore windfarm
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