What is the True Cost of Electricity? More thanks to the EPA

This data substantiates what we have been saying for years. BigWind will make our electricity rates skyrocket, which destroys jobs, families, and our way of life.  Americans need to stand up to this administration, this EPA, and this liberal agenda before it is too late….and it is almost too late!!! What will the Ohio study mandate committee decide to do with our renewable portfolio standard? Let us hope they use common sense. 

Today, the Institute for Energy Research released a first-of-its-kind study calculating the levelized cost of electricity from existing generation sources. Our study shows that on average, electricity from new wind resources is nearly four times more expensive than from existing nuclear and nearly three times more expensive than from existing coal. These are dramatic increases in the cost of generating electricity. This means that the premature closures of existing plants will unavoidably increase electricity rates for American families….

The LCOE-E framework allows for cost comparisons that are relevant for today’s energy policymakers. For example, when all known costs are accurately included in the LCOE calculations, we find that existing coal ($38.4), nuclear ($29.6), and hydroelectric resources ($34.2) are about one-third of the cost of new wind resources ($112.8) on average. By increasing the transparency of the costs associated with policies favoring new resources over existing conventional resources, we hope to inform policymakers with the best available data and raise the level of the electricity policy debate….

What is the True Cost of Electricity? – IER.

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BigWind costs the US taxpayer MORE $ when they produce MORE energy? YES

Fox Business reports that the states with the largest use of wind power have the highest utility bills. They note private investors are encouraged to hold on to their own money while the government (you and me) provides the life support for wind through the Production Tax Credit.    The outcome of the election may pull the plug on the PTC.   Enter the League of Conservation Voters.  Fox reports “It would be an understatement to say that the outcome of the 2014 elections is important for wind energy producers. In an effort to see PTC friendly Harry Reid as Majority Leader,the wind industry has essentially turned the League of Conservation Voters (LCV) into their own personal Trojan horse.

Much of the LCV leadership has deep ties to the wind energy:

•       Tom Kiernan, CEO of the American Wind Energy Association (AWEA) serves as the Treasure of the LCV.

•       Peter Mandelstam, former AWEA board member and founder of Green Sails wind energy company also serves on the LCV board.

Unsurprisingly, much of the LCV’s campaign activities have been aimed squarely at renewal of the PTC. The organization brags  that it will spend over $25 million supporting pro PTC candidates  and attacking their opponents before November elections. Should LCV’s campaign fail, loss of the PTC could prove fatal to some wind companies. 

We have seen Ohio LCV hand at work in Ohio with LCV support of Rep. Mike Duffey (R-Columbus) who opposed SB 310.  We are quite certain that we shall see more of the Ohio LCV as the legislature’s Study Committee gets up and running…. 

…For government-backed industries such as wind energy, the relationship is directly the opposite — the more they produce, the more it costs ratepayers and taxpayers. Recent analysis shows that states with the largest use of wind power have the highest electricity bills. Such factors have caused private investors to largely bypass wind companies and leave them largely dependent upon the government for their survival.

Wind energy companies rely heavily upon a government construct known as the “Production Tax Credit” (PTC) to support their bottom lines. The PTC is a federal program that provides billions of dollars annually to subsidize renewable energy facilities such as wind farms. Generally speaking a clean technology facility receives a tax credit for 10 years after the date the facility is placed in service with the tax credit amount ranging from $0.23 per kilowatt-hour (kWh) for wind to $0.011 per kWh for qualified hydroelectric….

It is presumed that a GOP controlled Congress would see the PTC on the chopping block in 2015 and a Democrat-controlled Congress will fight for renewal.

It would be an understatement to say that the outcome of the 2014 elections is important for wind energy producers. In an effort to see PTC friendly Harry Reid as Majority Leader, the wind industry has essentially turned the League of Conservation Voters (LCV) into their own personal Trojan horse.

Much of the LCV leadership has deep ties to the wind energy:

•       Tom Kiernan, CEO of the American Wind Energy Association (AWEA) serves as the Treasure of the LCV.

•       Peter Mandelstam, former AWEA board member and founder of Green Sails wind energy company also serves on the LCV board.

Unsurprisingly, much of the LCV’s campaign activities have been aimed squarely at renewal of the PTC. The organization brags  that it will spend over $25 million supporting pro PTC candidates  and attacking their opponents before November elections. Should LCV’s campaign fail, loss of the PTC could prove fatal to some wind companies.

As Warren Buffet recently told his loyal investors, “I will do anything that is basically covered by the law to reduce Berkshire’s tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit. “…

It May be Lights Out for the Wind Energy Come the Midterms | Fox Business.

Clean Energy’s Dirty Secrets and Hidden Costs to USA!

Are you confused as to why renewables can COST us $? And how can anyone say that they DON’T reduce our carbon emissions? Read below, and you will find excellent analyses of why they do NOT belong on our grid and how they will cost all of us in our pocketbook.  Thank you Governor Kasich and our legislators for passing SB 310 to ‘freeze’ our renewable mandates while their effects are studied!…

…In May of this year, President Obama declared the shift to clean energy a “fight” that was about shaping the sector “that is probably going to have more to do with how well our economy succeeds than just about any other.” At least on that, the president was right. If we get energy wrong, America will throw away the world-leading energy advantages bestowed on it by geology, technology, and capitalism….

Presenting the administration’s Clean Power Plan, EPA administrator Gina McCarthy admitted it was not about pollution control. “It’s about investments inrenewables and clean energy,” she told the Senate Committee on Environment and Public Works in July. “This is an investment strategy.” The president’s favorite corporate-tax inverter has a different take on the nature of the investment opportunity. “We get a tax credit if we build a lot of wind farms,” Warren Buffett told Berkshire Hathaway’s investors. “That’s the only reason to build them. They don’t make sense without the tax credit.” While wind investors hoover up the $23 production tax credit per megawatt hour (MWh) of electricity produced, the real costs of intermittent renewables such as wind and solar are many times greater. And they’re not even good at what they’re meant to do — reduce carbon dioxide emissions.

Deriving a large proportion of energy from renewables is proving extremely costly for Germany…Despite lower economic growth in Germany than in the U.S., German emissions have been rising seven times faster — up 9.3 percent between 2009 and 2013 compared with 1.3 percent for the United States….

The closure of a nuclear-power station shows that something is amiss. Nuclear-power stations emit no carbon dioxide. Their running costs are low and much of the costs are unavoidable whether the stations are kept open or closed — construction and commissioning at the front-end, de-commissioning at the back. Since 2008, the output of America’s nuclear-power stations has fallen by 0.480 billion MWh, a decline of 6 percent. In a properly functioning market, this shouldn’t be happening….

To the life-cycle cost of renewables must be added short-term balancing and longer-term-capacity adequacy to match supply to demand. Because renewables output depends on the weather, an electricity system with a high proportion of renewables needs much more generating capacity. Without renewables, Britain would need 22GW of new capacity to replace aging coal and nuclear-power stations. With renewables, Britain will need 50GW, i.e., 28 GW extra to deal with the intermittency problem. And the more renewables in the system, the worse the problem is…

Levelized costs also ignore extra spending on grid infrastructure. Texas is the leading wind state, accounting for nearly 22 percent of the nation’s wind-generated electricity.  Transmitting electricity from wind farms in the rural north and west of the state to cities such as Dallas and Houston caused grid congestion. The state decided to have consumers back the inaptly named Competitive Renewable Energy Zones (CREZ) grid program to give wind investors a windfall subsidy in the form of access to nearly 3,600 miles of transmission lines. Subsidies via grid infrastructure spending can be more costly than overt plant-level subsidies. Bill Peacock and Josiah Neeley of the Texas Public Policy Foundation reckon that CREZ costs attributable to wind amount to $6.8 billion. This compares to plant-level subsidies of $4.14 billion in the ten years between 2005 and 2015.

Perhaps the dirtiest secret of renewables is how ineffective they are at displacing carbon dioxide emissions. Brookings senior fellow Charles Frank has calculated that replacing coal with modern combined-cycle gas turbines cuts 2.6 times more emissions than using wind does, and cuts four times as many emissions as solar.  If anything, these figures are likely to be too generous to renewables…

The most insidious and destructive effect of renewables, however, is on the wholesale electricity markets. Intermittent renewables, particularly wind, can flood the market at random times of day with zero marginal-cost electricity. The production tax credit means that renewable investors make money from negative prices down to minus $23 per MWh. Episodes of negative prices are evidence of an electricity market that isn’t working. They imply that what is being produced is garbage — someone has to be paid to take the electricity away.

Negative prices crush incentives to invest in the conventional capacity needed to keep the power on when the wind doesn’t blow and the sun doesn’t shine. The OECD report warns that gas, coal, and nuclear-power stations would experience lower electricity prices, reduced load factors, and higher costs because of intermittent renewables. To avoid the risk of “green outs” caused by inadequate investment in conventional and nuclear capacity, governments and regulators have to intervene and construct capacity markets to redress the distortion created by renewables. These don’t come cheap. In the case of Texas, the Brattle Group estimates that a capacity market would cost Texans an extra $3.2 billion a year….

Across the Atlantic, the calamity of renewable energy is becoming more visible each day. It will not be only good economists who see that imitating Europe would be a colossal blunder….

via Clean Energy’s Dirty Secrets | National Review Online.

Is BigWind using group to ‘investigate’ Gov.Kasich for signing SB310?

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BigWind just won’t let this decision go and they are working every angle possible to change the outcome of Gov. Kasich’s energy bills. The comment, below, makes us believe that Mr. Tom Stacy is Ohio’s Superman. Let’s keep the Kryptonite away from him!

Gov. John Kasich has signed a measure that freezes Ohio’s popular renewable-energy standards. Although the freeze attracted most of the attention, the new law also calls for a two-year study of the standards impact on the state.

While the General Assembly conducts this review, the process that led Gov. Kasich to suspend the standards deserves scrutiny as well. That’s why I have filed a request for information about communication Mr. Kasich and his senior staff may have had with fossil-fuel interests before he decided to repeal clean-energy expansion in Ohio.

My organization, a government watchdog group called the Checks and Balances Project, seeks documentation of written and email communications from the governor and his staff to representatives of Koch Industries Inc., and the lobbying organizations they are known to support financially, as well as communicatons between the governor’s office and Ohio’s investor-owned utilities…

 

Comment from Tom Stacy, an Ohioan for affordable electricity:

The author states: “Ohioans deserve and honest accounting of what freezing the clean-energy and energy-efficiancy standards will mean to the state.” This is one statement where we agree. And this is why the members of the study committee that SB310 creates will be inundated with tons of information from all sides.

Unfortunately, much of that information will come from parties with a vested interest in skewing the reality by providing only some of the facts.  That is not where I and those I work with are coming from.  We are neither utility-centric, perfect-planet centric nor politically motivated.  Like the author’s group claims to be, we are seeking openness and truth and a complete picture that the American and Ohio public (taxpayers, electricity ratepayers, air breathers and water drinkers) can rely on.  But unlike the “Checks and Balances Project” (nice official sounding name, by the way), we do not try to magnify the trivial in the minds of the public by claiming things like a $12,000 political donation from David Koch could change the law.

We concentrate on the meaningful things like the cost per unit of net environmental improvement differnt electricity choices offer, how intermittent generators cause the utilization rates and patterns of dependable generators to become less efficient, and teaching the public that if we don’t use the power plants we have already built for as long as possible, higher electricity costs will drive jobs and manufacturing offshore to places where electricity is cheaper and dirtier.  There is no legislating around that, and since we already have a cleaner electricity system than other growing manufacturing economies like China and India, we are all better off keeping electricity costs as low as possible here.  It’s cleaner than leaking electricity use to dirtier nations, and better for our economy by reducing unemployment, increasing tax revenues, lowering national debt, improving our trade balance, etc.

Don’t be fooled by the political rants of Peterson and others.  Stick to those who analyze complex situations without the political baggage.  But if a FOIA needs to be brought to your attention to shed light on why certain people tell certain frantic stories like the one in the op-ed above, perhaps you should ask Mr. Peterson if his group has received donations anyone affiliated with the wind energy industry.

via: ToledoBlade.com 7/23/14 ‘On Energy Bill, Kasich owes Ohioans an explanation’ by Scott Peterson (sorry, problems providing you with the link)

 

Kalida, Ohio says NO to BigWind!

How refreshing to know that some Ohioans have common sense!! Congratulations for doing your homework and making an INformed decision!!

Two years after village residents voted 64 to 36 to zone for turbines, based upon approval by council, the village of Kalida said no to wind turbines. In a five-to-one vote during Monday’s regular meeting, members of Kalida Village Council voted down a request by KMI, Inc. to construct two wind turbines to offset the company’s electrical costs.

Former Kalida council member Dick Bockrath spoke on behalf of residents who were opposed to the wind turbine construction. He referred to a mapped diagram of the proposed turbine placement, estimating that approximately 30 homes are located within 1/2 mile radius from one turbine and another 10 from the other. He said that KMI has been a benefit to the community, but that the wind turbine project has met with substantial opposition.

“Shadow flicker, noise, ice throw, just the nuisance of having to look at these gigantic structures, but what it all boils down to is the potential loss of property values,” said Bockrath. “The village looks good. Why do we want to take a chance jeopardizing that?”

Bockrath referred to research he had conducted which resulted in governmental documents and public case studies in Massachusetts, Rhode Island and Illinois. He noted that he was unable to locate a situation in Ohio which would mirror the KMI wind turbine proposal….

via Kalida rejects KMI wind turbines – Putnam Sentinel.