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Wind Power for Quincy June 10, 2008. Why Wind?. It’s an affordable source of zero emission electricity! cheaper than natural gas or oil over life of turbine you can lock in your cost of power for 25 years. U.S. Wind Power. New England is Lagging. Massachusetts Can Do More.
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Why Wind? • It’s an affordable source of zero emission electricity! • cheaper than natural gas or oil over life of turbine • you can lock in your cost of power for 25 years
Massachusetts Can Do More • 119 cities and towns in Massachusetts have an average wind speed capable of making wind power economically viable • It’s probably not possible to solve the global warming problem if these communities fail to build wind turbines
Supply Status Quo • National Grid’s current mix is mostly natural gas, oil, nuclear and large hydro, some landfill gas • New England’s electricity mix is vulnerable to natural gas price spikes, higher costs for environmental regulation, higher costs for capacity, etc. • watch natural gas prices rise in days and years ahead
Supply Options • Larry Chretien’s prediction: We’ll never see another nuclear or coal plant built in New England • You can’t lock in a good price with renewable energy unless you own it or contract long term
Dollars and Sense • Revenue or Avoided Costs • Electricity, value ~ 10 cents per kWh today & going up • Renewable Energy Certificates, value ~ 4 cents per kWh • Cost of O&M ~ 3 cents per kWh
Virtual Net Metering • Senator Morrissey’s legislation would allow projects of up to 2 MW to earn the full retail rate per kWh, offsetting the city’s costs for transmission, distribution, transition, and energy supply – about 16 cents per kWh today and more tomorrow • Makes community ownership better than ever before • limit to how many turbines can receive this benefit • beyond the limit, turbines would earn the wholesale rate, which is about 10 cents today
Seize the Moment • There will be more wind turbines built throughout Massachusetts and the price of fossil fuels will continue to rise. • Do Quincy taxpayers want to pay more energy by buying it from others or do we want to save money by generating it ourselves?
Hull I and II Hull 1 = 660 kW, 1500 MWh/yr. Hull 2 = 1,800 kW, 4000 MWh/yr. www.hullwind.org
Mass Maritime Wind Massachusetts Maritime Academy, Buzzards Bay MA 660 kW Installed early 2006 Source: Renewable Energy Access website
Princeton, MAcomputer visualization, expected to be on-line May 2009
Make the Clean Energy Choice • Mass. Technology Collaborative will award Quincy with a $25,000 solar array if enough people make contributions to Mass Energy’s green power programs by June 30 • Support wind and solar www.newenglandwind.org
Thomas Edison said: • "Some day some fellow will invent a way of concentrating and storing up sunshine to use instead of this old, absurd Prometheus scheme of fire… • You see, we should utilize natural forces and thus get all of our power. Sunshine is a form of energy, and the winds and the tides are manifestations of energy…Do we use them? Oh, no! We burn up wood and coal, as renters burn up the front fence for fuel.”