BP's Tatics in Cape Vincent Ny

Saturday, September 27, 2008

Officials: Incentives for NYRI 'outrageous'



Last update Sep 19, 2008 @ 06:38 AM

The Federal Energy Regulatory Commission has given New York Regional Interconnect a boost for its rate of return for investors.

The commission has granted additional incentives, so now NYRI investors — under certain circumstances — could make even more than the 13.5 percent rate of return the company had hoped for, experts said.

House approves renewable energy tax incentives

By DAVID IVANOVICH Houston Chronicle Copyright 2008

Sept. 26, 2008, 12:00PM

WASHINGTON — The Democratic-led House today approved a $60 billion tax package designed largely to spur investment in renewable energy, and funded in part by assessing higher taxes on oil and gas companies.

But by refusing to go along with a carefully crafted Senate bill, the House has thrown into question whether a final tax package will be approved before lawmakers recess this weekend until after the November elections.

Friday, September 26, 2008

Session offers wind pros, cons


CLAYTON — The electric grid, noise and setbacks were the main topics covered at an information session Thursday night at the Thousand Islands High School auditorium.
The speakers were Steven C. Sullivan, managing director of GEOS Global and consultant to BP Alternative Energy; John Droz, scientist and environmental activist from Brantingham Lake, and Paul E. Carr, engineering professor at Cornell University, Ithaca, and a founder of Bernier, Carr & Associates.

Watertown Daily Times | Session offers wind pros, cons

Pols wrangle on extending wind energy tax credit : Local : gosanangelo.com

Pols wrangle on extending wind energy tax credit : Local : gosanangelo.com

By TRISH CHOATE, Standard-Times Washington Bureau

Friday, September 26, 2008

WASHINGTON - A tax credit driving the wind industry seemed to be on its way when the Senate approved it overwhelmingly this week, but a measure to extend it hit a speed bump Thursday in the House.

The fate of the wind energy production tax credit expiring Dec. 31 is uncertain as lawmakers wrangle over two versions of the latest bill including an extension.

Thursday, September 25, 2008

NYISO Readies the Grid for More Wind

NYISO implements centralized wind forecasting system

Rennselaer, NY -- The New York Independent System Operator (NYISO) has introduced system and operating changes to better utilize New York State’s existing wind resources, and pave the way for continued growth of economical, emission-free, renewable power resources in the Empire State.
The enhancements, which were completed in September, help accommodate the variable nature of wind-powered generation with a centralized forecasting system.

Wednesday, September 24, 2008

Local law will allow tax on alternative energy systems

Updated: 09/24/08 7:04 AM

Posted: Wednesday, September 24, 2008

Updated: 09/24/08 7:04 AM

LITTLE VALLEY — Cattaraugus County has retained its ability to tax alternative energy systems — including wind farms, solar energy systems and on-farm methane digesters — with a 16-2 vote for passage of a local law Tuesday.

The law applies to facilities within the county, including as many as four potential wind farm projects under consideration, and effectively disarms a state tax code provision exempting these energy sources from taxes.

The Cattaraugus County Legislature’s action, termed an “opt out” measure, follows similar resolutions adopted by almost all the school district boards in the county, and officials say these steps could affect the economic viability of the projects and send wind farm developers to the Cattaraugus County Industrial Development Agency seeking financial assistance and incentives.

The vote came after residents and elected officials from the towns of Freedom, Machias and Farmersville stated their opposition in a 45-minute public hearing. Most said they were told the IDA’s payment-in-lieu-of- taxes (PILOT) agreements will unfairly take a share of the wind farms’ monetary payments.

“The people of these towns are going to see the monetary value of their property and the aesthetic quality of their life eroded. They want something of value in return. The people signed an agreement to give them 80 percent of what these projects are making, and we consider it a fair trade. This is not fair in any way,” said Jim Whitaker of the Freedom Town Planning Board, which has just completed a draft of a host community licensing agreement for Noble Environmental Power that spells out a host benefit package for a wind farm spanning Freedom and Farmersville.

Carmen Vecchiarella, D-Salamanca, told the town representatives that the situation is similar to the state’s negotiations to divide the proceeds of slot machine revenues from the casino. He advised them to use their bargaining power to negotiate a better deal.

Jerry E. Burrell, R-Franklinville, told the group he views the local law as a positive move to protect all the county residents.

“We have many [wind projects], three and possibly four. The IDA is chosen by the developers and the IDA gets one-sixteenth of the [project value], the landowner negotiates their own rights with the developer, and the host monies have nothing to do with the IDA. You as town officials deal with the developer and you squeeze that orange, and that is the lion’s share,” Burrell said.

After the meeting, James L. Boser, D-Allegany, whose town officials are also considering a wind farm proposal from Everpower, said he was satisfied that the matter was thoroughly discussed. Joseph C. McLarney, RPortville, said he agreed the law should be passed because the wind farm projects will create impacts and the need for county services in other locations besides the host towns.

“We say we have to be included at the table,” McClarney said.

Freedom Town Board member Warren Schmidt commented after the meeting that the law may not close the door on Noble Environmental’s project but said his board will be looking at the financial numbers in the coming days.

Friday, September 19, 2008

Winds of change: Shell ditches renewable stake amid fears of a retreat to carbons | Environment | The Guardian

Winds of change: Shell ditches renewable stake amid fears of a retreat to carbons | Environment | The Guardian

The future of the world's largest offshore wind farm and a symbol of Britain's renewable energy future was thrown into doubt last night after it emerged that Shell was backing out of the project and indicated it would prefer to invest in more lucrative oil schemes.

BP hints at sale of alternative energy business | Business | guardian.co.uk

BP hints at sale of alternative energy business | Business | guardian.co.uk
BP boasted today that its alternative energy business was worth as much as $7bn (£3.5bn), but hinted it could be put up for sale to take advantage of rising values in the renewable sector.

GE confirms that wind turbine supply is getting worse | GPACE

GE confirms that wind turbine supply is getting worse | GPACE

The wind turbine shortage is growing, General Electric has confirmed.
The industrial conglomerate said in its conference call with analysts last Friday that the backlog of wind turbines--i.e. orders that have booked but can't ship--has grown to $12 billion. That's up from $11 billion in the fourth quarter and more than twice the size of the backlog in the first quarter a year ago.

Thursday, September 18, 2008

Two Alternative Energy Companies Brave Anti-IPO Winds

Wade Roush 8/1/08
August doldrums don’t appear to be affecting the New England clean energy industry. Two area companies—one in wind, one in solar—filed for initial public offerings with the Securities and Exchange Commission yesterday. Together the companies hope to raise three-quarters of a billion dollars—and to restore some movement to the technology IPO market, which has been largely stalled since the beginning of the year.
First there’s First Wind, the Newton, MA, company formerly known as UPC Wind, which filed S-1 registration papers indicating it hopes to raise $450 million in an offering underwritten by Credit Suisse, Goldman Sachs, and JPMorgan.

More from Xconomy

Survey Says 60% of US Wind Turbines May Be Behind in Maintenance

Survey Says 60% of US Wind Turbines May Be Behind in Maintenance
California, United States [RenewableEnergyWorld.com]
Frontier Pro Services has released the results of an informal survey of approximately 75 wind farm operators in the United States. Designed to assess the specific operation and maintenance service needs of wind energy operators, the survey reveals what could be serious threats to wind farms largely because of the industry-wide shortage of qualified turbine technicians, Frontier said.

More at this link

Wednesday, September 17, 2008

Wind execs frustrated as Congress hesitates

By Trish Choate (Contact)
Thursday, September 18, 2008

WASHINGTON -- Greg Wortham didn't have to go all the way to Germany to learn businesses won't invest money and turbine orders in West Texas because Congress hesitates to renew a tax credit driving the U.S. wind industry.

More from Reporter News

Tuesday, September 16, 2008

Wind lawsuits against Cohocton project dismissed

By Bob Clark
The Evening Tribune
Tue Sep 16, 2008, 04:00 PM EDT

Bath, N.Y. -
A legal roadblock attempting to sideline wind development in Cohocton was dismissed Tuesday morning.
More ~ from the Evening Tribune

Saturday, September 13, 2008

Industry to Congress: Renew the Expiring Clean - Energy Credits

September 12, 2008, 2:25 pm
Posted by Keith Johnson

The U.S. Congress may be “out of gas” when it comes to drafting an energy policy, as the Washington Post edit page moans, but General Electric’s John Krenecki doesn’t mind giving legislators a push.

More ~ from the Wallstreet Journal

Tuesday, September 9, 2008

MOE Grants Water Taking Licence for Wolf Island Wind Cement Plant

EBR Posting
September 09, 2008
Any resident of Ontario may seek leave to appeal this decision, by serving written Notice, by September 19, 2008
Permit To Take Water Number (3316-7FAH7C) was issued to Lafarge Canada Inc. on August 18, 2008.
The approved water taking information is the same as requested: Source name: Lake Ontario Purpose: Construction Maximum rate per minute: 400 litres Maximum number of hours of taking a day: 24 Maximum volume per day: 576,000 litres Maximum number of days of taking in a year: 365 Earliest calendar date of taking (mm/dd/yy): 06/01/08Latest calendar date of taking (mm/dd/yy): 06/01/09 Duration of taking: 1 year