Pay attention to these facts if you are an Ohio resident and think of them as you drive by these machines…
Digging deeper into the subject of the Blue Creek Wind Farm; there is now evidence the 304 MW (nameplate capacity) wind farm in western Ohio is producing at a capacity factor of only 29.7%. In other words, the actual electricity produced in a year is only 29.7% of that which would be expected if the 304 MW facility produced at nameplate capacity around-the-clock for 8760 hours per year. In practical terms, this means we can expect that the wind farm is only capable of providing around 790,000 MWh of intermittent electricity per year. Please refer to the production information provided by the US EIA in EIA-923 2012 Data and also EIA-923 2013 Data ; and also refer to my Blue Creek Wind Farm Analysis.
The real output capacity factor of 29.7 % stands in contrast to the projected and advertised capacity factor of 34.7% (see AMP Presentation); although one wonders why anyone was ever excited about 34.7% in the first place.
The Blue Creek Wind Farm required an investment of $600 million, touted as the largest investment in wind in Ohio in 2011. This was offset, in part, by a federal stimulus grant for more than $172 million; and other government dictated incentives, such as Ohio’s SB 221 renewable energy mandates, played a key role. Unfortunately, once again, there is no hope of paying back the $600 million investment thru the sale of useful electricity at market rates (please see cash flow ROI in Blue Creek Wind Farm Analysis). As always, there must be heavy doses of subsidies from the taxpayer and individual customers to offset the losses and provide Iberdrola with a profit.