US Firms Race Fiscal Cliff To Install Wind Turbines
Hugh Pickens writes "BBC reports that U.S. energy companies are racing to install wind turbines before a federal tax credit expires at the end of this year which could be lost as Congress struggles with new legislation to avoid the 'fiscal cliff.' 'There's a lot of rushing right now to get projects completed by the end of the year,' says Rob Gramlich, senior vice president at the American Wind Energy Association. 'There's a good chance we could get this extension, it is very hard to predict, but the industry is not making bets on the Congress getting it done,' Even if there is an extension there is likely to be a significant curtailment of wind installations in 2013. From 1999 to 2004, Congress allowed the wind energy production tax credit to expire three times, each time retroactively extending it several months after the expiration deadline had passed, but wind energy companies say they need longer time frames to negotiate deals to sell the power they generate. 'Even if the tax credit is extended, our new construction plans likely will be ramped back substantially in 2013 compared with the last few years,' says Paul Copleman. 'So much time has passed without certainty that a normal one-year extension would not be a game-changer for our 2013 build plans.'"
All this hot wind about tax credits... I think it will break soon. And this whole thing will blow over.
Not sure how long it takes to install wind turbines, but I am pretty sure it takes longer than 13 hours and 5 minutes just for one...
Rent seeking, meet regulatory capture.
The US Congress is just pathetic. The only way they feel better about themselves is if they can oppose the other party and prevent them from anything that may seem even remotely like a victory.
These clowns couldn't decide on what to have for lunch at a buffet. We.are.doomed.
when politicians seek to tax them.
Dog is my co-pilot.
has become the US Congress. Never have I seen so many get paid so much to do so little. They better wake up soon, otherwise a torch bearing mob may did it for them.
"To those who are overly cautious, everything is impossible. "
It's just another made-up name to mislead and / or scare the bejeezus out of people. Just like PATRIOT Act (patriot == good, cliff == bad). The world will still be here tomorrow no matter what happens.
Everyone under the sun is racing to get deals done before the new year. It's not just one tax credit.
-- IANAL, this isn't legal advice, and definitely isn't legal advice for you. Also, Squee!
I'm in favor of it, but given that outright legalization failed in California, your idea that the nation as a whole would approve it seems misplaced.
Could be a problem........
From The Telegraph:
"Wind farm turbines wear sooner than expected, says study
The analysis of almost 3,000 onshore wind turbines — the biggest study of its kind —warns that they will continue to generate electricity effectively for just 12 to 15 years.
The wind energy industry and the Government base all their calculations on turbines enjoying a lifespan of 20 to 25 years.
The study estimates that routine wear and tear will more than double the cost of electricity being produced by wind farms in the next decade."
http://www.telegraph.co.uk/earth/energy/windpower/9770837/Wind-farm-turbines-wear-sooner-than-expected-says-study.html
"The average reporter we talk to is 27 years old......They literally know nothing." - Ben Rhodes
Problem is these large MW turbines just don't work nice in real life. Think it was John Deere Renewables who installed a site in the Midwest then removed the site because of environmental concerns downwind.
They are not struggling over anything. It's just a big Dick waving contest. With the largest Penis, Mister Speaker of the house, Boner him self, causing most of the problems.
Do not look at laser with remaining good eye.
than see Obama administration blow the money into the air in order to pay-off their political base by diverting the United States investment on the failed bankrupted green-energy companies such as Solyndra (http://en.wikipedia.org/wiki/Solyndra) and many others. If the energy source is non-viable economically and market can not support it -- let it die.
Industrial 1+ MW wind turbines have been available in America since 2000. All of the good wind sites near population centers are logically the first to get wind turbines. Farther away locations, offshore, and less windy places will come later. There are only so many good windy sites to go around. Denmark, which is in a very windy location, gets ~20% of its electricity from wind. Germany gets ~8 percent. I wouldn't be surprised to see America stop to 2-3%.
I would like to thank California, Denmark, and later Germany, for financing the early development of 1+ MW industrial wind turbines.
These renewables are cheaper than nuclear and require far less subsidy.
I don't hear you whining and whinging about the entrenched systems trillion dollar windfall.
Because you're an ignorant arsehole with an axe to grind because, frankly, you have nothing else to do.
These are the google keywords that will show you that the above poster's recollection is correct.
Short version: photos of violent protestors were taken by people protesting the G4 summit because these people throwing rocks etc were undercover policemen starting riots so the uniforms can come in and close it all down. The Spanish police demanded the photos be removed because they could put police officers at risk WHILST ALSO maintaining that these were not police officers.
For the love of God, let it expire and don't give it again. so much wasted money just so we pay more for energy. Have to add in the cost per watt, then add in the cost of less taxes gathered, then add in the interest we are paying on that debt. All because scientists think we are causing global warming, but can't prove it.
The House passed the "Fiscal Cliff" bill that included, among other things, an extension on Wind and Solar Power support. So, they've got another year to pick my pockets. By the way, on a local level, wind power can work. However, the best application may not be electrical generation. Those windmills can power air compressors and compressed air can be stored indefinitely. They also produce distilled water as a byproduct. The neat thing is that it is scalable. As finances permit, tanks and windmills can be added to the system.