Maine Bureaucracies and Legislators Setting up Central Maine Power: The Planned Path to Shortages
- "As of March 2022, two of Maine’s biggest electric utilities–Central Maine Power and Versant Power–as managed by the Efficiency Maine Trust will now offer the Demand Management Program - "
- "Demand Response Initiative (DRI) that pays participating organizations for using less energy when the total demand on the grid is approaching its peak."
- "The program aims to help provide greater reliability for the grid by reducing peak demand and lowering overall grid costs which can help keep electricity rates stable for all customers."
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Comment by Thinklike A. Mountain on August 18, 2023 at 1:19am
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Renewables Mania And Woke Dogma Behind Hawaii Fire, Not Climate Change
https://public.substack.com/p/renewables-mania-and-woke-dogma-behind
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Comment by Willem Post on August 17, 2023 at 5:26pm
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Someone took a video of a live, broken power line that touched the grass, sparked, and set the grass ablaze.
Strong wings blew down aging power poles
Some wind turbines may have been running at full output, because of strong winds.
With some lines out, the power had to go somewhere.
The utility lost control of its system; asleep at the wheel? woke up too late? minimal staff on the shift?
Looking forward to a massive cover up.
Biden/Obama should feel right at home.
US/UK 56,000 MW OF OFFSHORE WIND BY 2030; AN EXPENSIVE FANTASY
https://www.windtaskforce.org/profiles/blogs/biden-30-000-mw-of-off...
The US government, not the US people, has the insane fantasy of wanting to build 30,000 MW of offshore by 2030, i.e., just 7 years, but several companies, building projects for Massachusetts, will be allowed to walk away from the signed PPAs, and rebid at much higher prices next year.
The UK government, not the UK people, has the insane fantasy of wanting to build 26,000 MW of offshore by 2030, i.e., in just 7 years, but Vattenfall, a Swedish company, is putting 4,200 MW on hold, because Vattenfall spreadsheets show a “net revenue shortage” of about 40%, meaning the prices, c/kWh, offered by the UK auctions are about 40% too low.
BTW, about 7,000 MW offshore was accepted after the 4th Auction bids in 2022; at least 4,200 MW are on hold.
The continent-based European big wind companies have only one third of the capacity per year for building 56,000 MW offshore by 2030, or 8,000 MW/y.
These companies will concentrate on the U.S. market, because the Biden “Inflation-Reduction-Act” subsidies are about 50% higher than in the UK
NOTE: “The expense associated with a typical US offshore project, before bonus tax credits related to the Inflation Reduction Act, has increased by 57% since 2021,” Bloomberg recently reported, citing figures from Bloomberg-NEF, “Inflation of materials, energy, components, and labor costs explain about 40% of that, with 60% due to increased interest rates.”
NOTE: The EU, the UK and the Fed central banks just increased interest rates, which will make everything more expensive.
NOTE: Assume an offshore project consists of wind turbines and cabling to shore at $4,000/kW.
Amortizing a bank loan for 50% of the project at 6%/y for 20 years will cost about 4.36 c/kWh.
Paying the Owner for his investment of 50% of the project at 9%/y for 20 years will cost about 4.74 c/kWh (9% because of high inflation).
Offshore O&M, about 30 miles out to sea, is at least 6.5 c/kWh.
Total energy cost 4.36 + 4.74 + 6.5 = 16.33 c/kWh
After subsidies, and accelerated depreciation, and deduction of interest on borrowed money, etc., the ANNOUNCED wholesale energy cost is at least 8.17 c/kWh (what a bargain!)
Not included are the following:
The levelized cost of any onshore grid expansion/augmentation, about 2 c/kWh
The levelized cost of a fleet of quick-reacting power plants to counteract/balance the ups and downs of wind output, 24/7/365, about 2 c/kWh
The levelized cost of decommissioning, i.e., disassembly at sea, reprocessing and storing at hazardous waste sites
Floating offshore, as in Maine and California offshore, would be about $6,000 to $7,000 per MW, i.e., the bank loan and Owner return parts of the levelized cost would be correspondingly higher.
The levelized O&M likely would be higher as well
The various subsidies, added to national debts, to make it all politically sellable, would be higher as well
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It has been a known inconvenient fact that the unreliables,wind and solar , produce their power in indirect proportion to the need. The Green Scam in reality only rewards it's creating shysters with Greenbacks in almost direct proportion to their lies concerning it.
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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