NVDL: The credit crunch is causing a crunch in energy. No money is now available for new projects. This suggests that investments in these alternatives neededto be made far sooner than they were.
Two projects in Texas totaling 236 megawatts, for example, were recently delayed beyond 2010. The state’s main problem is the billions of dollars in new transmission lines that must be built to move wind power from western Texas to population centers to the east. According to Jay Apt and his associates, electricity researchers at Carnegie Mellon University, obtaining permission and constructing long distance transmission lines take seven years on average. The cost of delivered power can double in such a circumstance.
T. Boone Pickens is now putting the construction of the world’s largest wind farm on hold. Many U.S. states are relying on wind power to meet their Renewable Portfolio Standard (RPS). In fact, the goal of many states, Texas is a prime example, is to go beyond hydropower and diversify their renewable energy portfolio by utilizing wind. |
clipped from www.energybulletin.net
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“They have a very compelling case for their sustainability and environmental effort,” said David Marks, senior vice president for wind energy at Duke.
Here is a link that might be useful:www.lincenergy.us.com/
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