It's Official, They Are Not Green In Maine
Check out photo and see where power and RECs are being sold for all these wind plants in Maine. Read this decision about Vermont wind plants from the FTC.
"The FTC ( Federal Trade Commission ) has instructed GMP ( Green Mountain Power ) officials to—“Carefully review (your) current and future communications to ensure that Vermont customers, and other market participants, clearly understand that GMP sells RECs for many of its renewable facilities and thus has forfeited its right to characterize the power delivered from those facilities as renewable, in any way... If we identify concerns in the future, we reserve the right to take further action.” "
Maine wind plants are no more than an inferior electrical generator. " They are not Green in Maine "
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Comment by Eric A. Tuttle on March 9, 2015 at 10:41am
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Spreadsheet in progress:
https://docs.google.com/spreadsheets/d/1fiZaQ-YfEKV8a2wbfZtCcDto1pM...
Sheet 3, column AQ, is linked to the below
http://www.isa.org.usyd.edu.au/publications/documents/ISA_Nuclear_R...
Though this Document is from Australia, and a few years old, I doubt the technology has advanced more than a 10% betterment
This Document gives some information on the Various Energy sources in a Cradle to Grave assessment. Solar is one of the worst.
This is indicated in the Spreadsheet. A good Reading and understanding of the linked document will allow you to draw your own
conclusions.
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Comment by Dan McKay on March 9, 2015 at 10:24am
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third party marketers ? could we say " speculators " SunEdison has plans to bundle mass quantities of RECs and offer for sale much like the derivatives market of home mortgages.
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https://www.google.com/url?sa=t&rct=j&q=&esrc=s&sou...
RECs can be traded directly from buyer to seller, but third party marketers, brokers, or asset managers are commonly found in the marketplace. Renewable generation facilities will often sell their credits to these entities, who then resell them on the market at a later date.[4]
In the United States, Arcadia Power is a certified REC seller that sells primarily to residences and small businesses and ensures they meet the EPA definition of "using 100% green power."[5][6]
http://en.wikipedia.org/wiki/Renewable_Energy_Certificate_%28United...
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If I as Wind, needed Cash to raise funds for a future project, I could sell my already acquired REC's to the highest bidder on the REC market. A Coal fired plant wanting to sell green power on the grid system that is making a good profit could buy them, and encourage a new company to purchase green power from them. Though they are not PPA to the producer of the green energy and may not even be on the grid with the Green Source, they own the REC's and the Coal Power is deemed Green power in the overall National Market and legally can be called such. The new company that is purchasing from the Coal Plant can still deceive the public by stating they purchase Green Energy and only use such. This too is a Fraud.....
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Martha, I have done some research on REC's. They are granted to the Green Producers, Traded on a Market, can be purchased by Coal Fired Plants, and redeemed when the power is sold to the end consumer. The redeemer of the REC's is credited for selling Green Power. (Though it came directly from the Coal Plant) This is the basics.
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Comment by Martha thacker on March 9, 2015 at 9:18am
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Eric..you seem to know a lot about RECs. I don't. Have tried to find out who makes money off of them and don't feel like I have a grasp on it. Do the corporations make the money? Do the states benefit in any way ?
One state has cancelled their renewable energy law. Don't have a link , but could find it if anyone is interested. I thought a wind farm losing in a court of law set a precedent and was positive. One state is positive for me too. But really don't know for sure...certainly do not have a legal mind.
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Comment by Justin Robert Turco on March 9, 2015 at 8:49am
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Gary, you bring up a good point. The public service board in Vermont gives great credence to the fact that by approving these projects they are meeting the goals of our legislature. Which is to produce renewable energy in Vermont. This is one of the MAJOR ways they show that the project is in the public good. If they couldn't show that a project was in the public good they would not be able to approve the project. "Public good"....from my perspective.....is THE point...It is the one thing they need to see. In any proposal in Vermont, if we could prove that the publics good would not be served by the project...the project would not happen.
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Minus 5Mw offshore in this mix, which comes under a different state objective.
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1332.6 Mw total of the 5000. Wind, Coming to a Neighborhood near you? The WHO is buying is interesting as well.
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Since REC's have their own Market Trading System, these so-called Green entities sell these to raise funding that was not anticipated expenses. Those with the cash (such as some midwest coal plants) in some cases have purchased sufficient REC's that a portion of their energy supply is considered Green, on the financial markets and sold as such to their consumers. Meanwhile, the Green source can be viewed as Non-Green. This becomes a deception for the consumer. The entity that sells to the end user if the holder of the REC gets credit for green energy when the REC is relinquished at the time of sale. To me Green Energy is that which produces less CO² and other combined toxins than current fossil fuels. Unfortunately though better than Coal, Wind comes out Equal to all Gaseous or Liquid fossil fuels based on the Life Cycle Assessment studies. In the EROI study for every $1 invested wind only returns $18 in value, where as Hydro is at $1 to $100. Solar at $1 to $1.30 (with more toxins than just the CO² output accredited to their Life Cycle Assessment)
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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