The suspense is just killing us. What will the OPSB decide in their meeting? Will they side with BigWind or the taxpaying, residents of Ohio? It requires no effort, only a little knowledge of their past, to know that BigWind will prevail. This board loves BigWind. What is stated, below, is noteworthy. Why does BigWind state they are struggling? Natural gas production and an ‘economic downturn’. This is a elaborate way of stating that WIND TURBINES PRODUCE ENERGY THAT IS TOO EXPENSIVE…..
The Ohio board is expected to discuss and possibly act on the case during its upcoming meeting on March 9….
Together, these two factors resulted in lower prices that undercut Hog Creek’s ability to enter into a power purchase agreement (PPA) for Hog Creek Wind’s energy and renewable energy credits sufficient to support construction and financing of the project….
Hog Creek also maintains that increasingly stringent regulation from the U.S. Environmental Protection Agency (EPA) and the growing number of coal plant retirements point toward better market conditions for wind by 2018….(forced mandates!)