Report: Cape Wind unlikely to be done by mid-2015

bostonherald.com ^ | 01/12/2012 | Associated Press

[massmike]

New England’s power grid manager says it’s unlikely the long-planned Cape Wind offshore wind project will be producing electricity by mid-2015, raising the prospect of more delays in a project beset by them.

Grid operator ISO New England made the determination about Cape Wind in a Jan. 3 report, explaining why it rejected Cape Wind’s bid to participate in a power market it oversees.

The wind project was proposed in 2001 and has faced obstacles that have repeatedly forced its timeline to be extended. And last May, its efforts to win a federal loan guarantee were stalled partly because of concerns about its readiness.

A Cape Wind official says the ISO report is just an opinion and it’s very likely Cape Wind will be running by June 2015.

[cicero2k]

In the meantime, “VESTAS” a wind turbine manuafacturer is laying off large portions of their staff.

This green energy idea was dead on arrival. There are problems with implementation, costs are high, the Chinese can manufacture components cheaper, capacity factors are lower than advertised, power produced is unreliable, new power lines and 500 foot turbines are unsightly.

Yet this stuff continues to be promoted and the problems with it ignored by the MSM. It feels good.

Just in time for an election cycle.

[DTogo]

Several reasons Cape Wind will NOT (likely) be on-line by June 2015:

- There are no Jones Act compliant ships in the US that can install offshore wind turbines

- There are no experienced offshore construction companies in the US that can install offshore wind turbines (without significant contingency allowances)

- Cape Wind has no idea what the installation costs will be (within a +/- 25% margin based on what it costs in Europe)

- There are no experienced operators, with the requisite vessels and equipment, of offshore wind farms in the US

- Cape Wind has no idea what its operating costs will be (within a +/- 25% margin based on what it costs in Europe)

As a result of the above, Cape Wind's contracted power price is very likely too low, not risk/return commensurate, and therefore Cape Wind has no financing to build-own-operate Cape Wind. The same reason NRG cancelled offshore wind power deal with Delmarva last month.

[bigbob]

VESTAS” a wind turbine manuafacturer is laying off large portions of their staff.

Tell the truth:

Vestas said it would lay off 1,300 employees in Denmark; 450 of those would come in Spain, Italy, Germany and Sweden while 400 would go in China and 182 in the United States. After the cuts, Vestas said it will have around 20,400 staff and 25 factories worldwide.

I can’t wait to see Cape Wind turbines spinning off the coast of Maathas Vinyahd for all Kennedy fanatics to admire.

[ExCTCitizen]

costs are high, the Chinese can manufacture components cheaper

The Chinese workers are slaves... that is why it is cheaper!!