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Presented by Daniel E. DuBois

Presented by Daniel E. DuBois. Developers – don’t fall in love with your projects What do I mean ?. Lessons Learned. Is your project doomed (and you don’t know it)? Some clues – Unrealistic economics The community hates it (or you) No transmission It’s a money pit. Lessons Learned.

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Presented by Daniel E. DuBois

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  1. Presented by Daniel E. DuBois

  2. Developers – don’t fall in love with your projects What do I mean ? Lessons Learned

  3. Is your project doomed (and you don’t know it)? Some clues – Unrealistic economics The community hates it (or you) No transmission It’s a money pit Lessons Learned

  4. Major components Scale Wind resource Capital costs (turbines + BOP) Expected return O&M (planned & unplanned) Revenue Unrealistic Economics

  5. Create some practical guidelines Example – (assumptions) Scale = 50MW (land – 100 acres /WTG) Wind = 7 m/s (30% NCF) Installed costs = $2,000 / MW installed O&M = $50-70k/WTG Projected return 9% IRR Revenue = $80/mWh escalated at 2% Unrealistic Economics

  6. Unrealistic Economics

  7. Positive community relations is critical It is the root of every permitting process Is it not going well? Some clues – Misinformation (rumors) Organized opposition Law suits Community relations

  8. What to do? Improve communication Regular local presence (local office) Town hall meetings Enlist supporters (land owners) Monthly newsletter Community relations

  9. Do you have interconnection problems ? Distance - On-site vs. miles Property rights Competition Do you have transmission problems? Deliverability standard Energy/capacity Curtailment Interconnection vs. Transmission

  10. Is your project a money pit? Are you over budget? Unforeseen expenses Law suits Transmission studies Are you behind schedule Permitting delays Contingency planning Money Pit

  11. Evaluate development projects Objectively Realistically Often Conclusions

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