The PTC Scam Continues with "Re-powering"
Not satisfied with continuing to wreak havoc on Maine's mountain ridgelines, the existing wind power sites may have their lifetime extended by the incentive to "re-power", especially those sites utilizing the old GE 1.5 MW turbines such as Mars Hill, Stetson, and Rollins. According to the article "Now May Be the Best Time to Give Your Wind Turbine a Makeover" in the May 25, 2018 Renewable Energy World newsletter, "Wind farm operators can earn an 11 percent rate of return for replacing turbine nacelles, hubs or rotors this year, and that’s even after a key federal tax break was reduced from last year, according to a report Wednesday from the consulting company ICF Inc." The article indicates that the older wind power sites are among the best candidates for re-powering.
Repowering took off after the Internal Revenue Service in 2016 expanded the pool of projects eligible for the tax break. Prior to that, upgrading “wouldn’t be worth the investment as often,” said Amy Grace, a New York-based analyst at Bloomberg New Energy Finance.
Projects that qualify this year can recapture 60 percent of the production tax credit for 10 years. A question I have is whether or not those projects like Stetson, Rollins, Kibby and Record Hill that received ARRA Sec. 1603 grants (and by doing so forfeited participation in the PTC) will be eligible for PTC by doing a re-powering. If so, the owners of those projects, like the greedy pigs at the subsidy trough they are, will surely do so.
The link to the article is here: https://www.renewableenergyworld.com/articles/2018/05/now-may-be-th...
Rollins Wind site in Lincoln
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Comment
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Comment by Dan McKay on June 16, 2018 at 6:30am
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Maine should immediately depart from ISO-NE which has become a puppet of political renewable mandates from Southern New England. Then. the option to tariff wind derived power according to it's reliability value could be instituted to stop the ridiculous " repowering federal tax credit " and stop statewide wind turbine proliferation.
Maine. with the NECEC project about to inject 1200 megawatts of truly reliable power into our state at the expense of the Mass. ratepayer can become it's own energy agent for it's own energy interests.Massachusetts now runs ISO-NE destroying the sovereignty of Maine citizens and our right to resource selection.
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Comment by Penny Gray on June 15, 2018 at 7:15pm
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No doubt about it, but I bet they make big bucks. It isn't science that guides our energy policies, it's money.
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Comment by Thinklike A. Mountain on June 15, 2018 at 6:33pm
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The wind industry lobbyists don't work in lobbies but rather dark back alleys.
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Good lobbyists must make a lot of money.
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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