Comment of the Day in the Bangor Daily News - OAKFIELD

Comment

Comment by alice mckay barnett on November 25, 2011 at 4:56pm

looks like we are looking    ty

Comment by Dan McKay on November 25, 2011 at 1:11pm

From the EIA, Energy Information Administration, an independent agency of the DOE :

 

 

Add in power purchase agreements with RECs that go for $85 to $100 per megawatt hour . This is unbelievable money and brings about returns of investment not many industries will see. 

How towns can settle on such meager tangible benefits is beyond me.

The numbers show that small towns like Oakfield, Carthage and Roxbury could acquire a benefit that would pay every household's electric bill and this would still only be less than 15% of the subsidy gift, and far less than investor's return. I ask, who owns the playing field here. Kind of slanted one way, in my opinion. 

Comment by alice mckay barnett on November 25, 2011 at 8:27am

How
do RECs work?

All grid-tied renewable-based electricity
generators produce two distinct products:

• 
  
• Physical
  electricity
• 
  
• RECs

Renewable
Energy
Certificates (RECs)
Chart

High
Resolution
Image

At
the point of generation, both product components can be sold together or
separately, as a bundled or unbundled product. In either case, the renewable
generator feeds the physical electricity onto the electricity grid, where it
mixes with electricity from other generation sources. Since electrons from all
generation sources are indistinguishable, it is impossible to track the physical
electrons from a specific point of generation to a specific point of use.

As
renewable generators produce electricity, they create one REC for every 1000
kilowatt-hours (or 1 megawatt-hour) of electricity placed on the grid. If the
physical electricity and the associated RECs are sold to separate buyers, the
electricity is no longer considered “renewable” or “green.” The REC product is
what conveys the attributes and benefits of the renewable electricity, not the
electricity itself.

Comment by Mike DiCenso on November 24, 2011 at 8:22pm

Meanwhile , the will sell RECs to pad their bank accounts. Oakfield should have demanded a 20% cut of REC profits but the 88 citizens who voted for the TIF were too busy thinking about how to spend their bribe money down to the Ban-goah Mall. Community benefits package... another half thought out approval by the legislature.

Comment by alice mckay barnett on November 24, 2011 at 8:09am

As Jimi Hendrix may have put it: “And the wind cries bankrupt…”

Minnesotans for Global Warming report that in the last 30 years, the United States has had 14,000 wind turbines abandoned. Apparently, once the subsidies and the wind run out, these 20-story high Cuisinarts are de-bladed and retired. This means more bats and migratory birds will live.