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Appalachian Coalition Community Wind. Joe Smith WNCREI wind@appstate.edu www.wind.appstate.edu. Current NC Electricity. Annual increase of 2.9% from 1980 to 2001 Average cost $0.07/kWh. Trillions of BTU. http://www.eere.energy.gov/states/state_specific_statistics.cfm/state=NC.
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Appalachian CoalitionCommunity Wind Joe Smith WNCREI wind@appstate.edu www.wind.appstate.edu
Current NC Electricity Annual increase of 2.9% from 1980 to 2001 Average cost $0.07/kWh Trillions of BTU http://www.eere.energy.gov/states/state_specific_statistics.cfm/state=NC
REPS • Renewable Energy and Energy Efficiency Bill establishes a renewable portfolio standard (RPS) for North Carolina. The law requires public utilities in North Carolina to obtain a percentage of their electric power from renewables by certain dates • 3% by 2012 (4.2 Bill kWh*) • 6% by 2015 (8.4 Bill kWh*) • 10% by 2018 (14 Bill kWh*) • 12.5% by 2021 (17.5 Bill kWh*) *based on current usage of 140 Bill kWh/yr
Perspective • NC population in 2006 was 8,860,000 • 15,800 kWh/capita/year • 1,320 kWh/capita/month • includes industrial, commercial, and residential • Average Southeastern home use 1,100 kWh/month
Big Picture • If every terrestrial class 3 and greater site were developed on a 200m grid with 1.5MW turbines, NC could produce 233 Billion kWh/yr • Enough for 1.7 times NC’s current use • 2/3rd of this wind resource in WNC • 48,000 1.5MW wind turbines • Only 850 needed to get to 3%
Wind Project Development • Understand your wind Resource • Determine proximity to existing Transmission lines • Secure Access to Land • Establish Access to Capital • Identify reliable power Purchaser or Market
Development • Address siting and project Feasibility considerations • Understand wind energy economics • Obtain Zoning & permitting expertise • Establish dialogue with turbine Manufacturers and project developers • Secure agreement to meet O&M needs www.awea.org
Financial Incentives • Federal RE PTC • $0.019/kWh until end of 2008 • Accelerated Depreciation • MACRS allows 5yr depreciation period • NC RE tax credit • 35% of cost up to $2,500,000 over 5yrs • US Farm Bill • Grants up to 25% ($2,500 - $500,000), loans up to 50%
Financial Incentives • Clean Energy Renewable Bonds (CREBS) • Zero interest funds for governments • Energy Improvement Loan • 1% loan for up to $500,000 • NC GreenPower premium • $0.06/kWh for wind
What could it look like? Skystream (1.8kW) 1-1/4 miles away 25
What could it look like? Bergey (10kW) 1-1/4 miles away 26
What could it look like? Fuhrlander (250kW) 1-1/4 miles away 27
What could it look like? VestasV80 (1.8MW) 1-1/4 miles away 28