First Wind spinoff's political ties helped lift $1.5B green-energy proposal above more competitive alternatives

Note the board of Deepwater is populated by the likes of Paul Gaynor, Michael Alvarez and a collection of other First Wind/D.E. Shaw insiders.

http://dwwind.com/about/board-of-directors

Note that U.S. Congresswoman Chellie Pingree's husband incubated First Wind's half owner, D.E. Shaw.

http://www.windtaskforce.org/profiles/blogs/majority-owner-of-portl...

Deepwater Wind's political ties helped lift $1.5B green-energy proposal to LIPA finals

News Day - Mark Harrington - December 6, 2014
Offshore Wind New York Rhode Island

An outpouring of support from lawmakers and environmentalists for an offshore wind farm 30 miles from Montauk appears to have been decisive in helping push the politically connected developer's project to LIPA's list of finalists.

An outpouring of support from lawmakers and environmentalists for an offshore wind farm 30 miles from Montauk appears to have been decisive in helping push the politically connected developer's project to LIPA's list of finalists.

Critics of the process are concerned that political considerations and lobbying may have eclipsed less-expensive alternatives to the $1.5 billion wind farm proposed by Deepwater Wind of Rhode Island.

LIPA staff examining the economics of dozens of green-energy proposals in a bid request had been leaning against the proposed 35-turbine wind farm because of its costs, Newsday has reported. The staff's recommendations favored more solar power, and it's far from certain that LIPA will move ahead with the wind farm.

But Deepwater Wind was notified on Nov. 17 that it was a finalist in the bidding. The company had until Dec. 5 to submit its "best and final offer."

"Certainly it's disturbing as a bidder into the LIPA process to see the lowest-cost bid set aside for the highest cost bid for reasons that are unclear," said Bill Moore, president of Hudson Energy, which worked with another firm to propose a... 

http://www.windaction.org/posts/41738-deepwater-wind-s-political-ti...

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Comment by Martha thacker on December 10, 2014 at 2:08pm

Can't access the link below..but it seems like I remember that First Wind has to complete their existing projects for the sale to go through. So , that would be a problem for the perpetually  broke high rolling multi national corporation FW.\

And would that include the transmission lines that Emera and CMP have been charging customers for for a very long time. Underground is way more expensive ...would rates go up again? We need an Attorney General yesterday. 

Comment by Long Islander on December 10, 2014 at 10:45am

I had not seen. Thank you Martha!

Comment by Barbara Durkin on December 10, 2014 at 10:41am

Excellent explanation about the sale of First Wind to SunEdison!  Thanks, Martha!

Comment by Martha thacker on December 10, 2014 at 7:22am

Have you seen this? http://www.batr.org/corporatocracy/121014.html

U.S. Sen Angus King

THE UNTOLD STORY OF RECORD HILL WIND

The Untold Story of Record Hill Wind, continued

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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