2008/09/30-Michigan's Offshore Wind Potential
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1St and 2Nd Reports of the Advisory C
Conference – Michigan’s Future – Energy, Economy, Environment November 1-3, 2013, Thompsonville, Michigan, http://www.futuremichigan.org/ Friday, November 1 Foss, Nicole & Boomert, Laurence - A Century of Challenges International experts Foss (Canada) and Boomert (NZ) describe unprecedented challenges the 21st century brings and appropriate responses. Climate change, natural resource depletion and fragile economic systems present a very different future. We can either be reactive or proactive. The new system conditions mandate personal and societal responses beyond those of the 20th century. Foss is Senior Editor of The Automatic Earth, and international speaker on global finance, energy and environmental issues. Boomert has a long history in contingency planning, green business development and community solutions. In the early 1990s, he founded the 500 member Environmental Business Network. He currently runs the Bank of Real Solutions. Nicole discussed cycles of boom and bust through time as purchasing power stimulates demand, activity and credit (inflation), limits are reached and contraction or deflation then begins as promises are broken, liquidity crunches and economics depression begins. Inflation results as a result of currency inflation cuts and more money is printed or credit expansion, excess claims. In our future, liquidity will be more important as values of assets and consumer prices fall and value of cash rises. Liquidity represents uncommitted choices, preserves freedom of action. During a contraction phase (contagion), prices fall but purchasing power falls faster, unemployment and taxes rise. Affordability becomes the issue. De-globalization expected, local circumstances will matter much more, international and national institutions will become stranded assets from trust perspective. Exploding demand calls for local, community, pooling of resources, social capital and self-sufficiency. -
Bridge Duel Continues Between State, Moroun
20090202-NEWS--0001-NAT-CCI-CD_-- 1/30/2009 6:04 PM Page 1 ® www.crainsdetroit.com Vol. 25, No. 5 FEBRUARY 2 – 8, 2009 $2 a copy; $59 a year ©Entire contents copyright 2009 by Crain Communications Inc. All rights reserved Inside State’s UI debt could Bridge duel continues mean higher taxes, Page 3 between state, Moroun Government gives nod for Rehab agency on the road both spans to fiscal recovery, NATHAN SKID/CRAIN’S DETROIT BUSINESS BY BILL SHEA Page 3 Christos Moisides (left) and Michael CRAIN’S DETROIT BUSINESS Sinanis of 23rd Street Studios have a studio site at 23rd and Michigan. The high-stakes standoff be- This Just In tween Manuel Moroun and an international coalition of gov- ernments continues as both Comerica economist: make incremental progress to- Recession is widening Motown ward competing billion-dollar Detroit River crossings. Dana Johnson, the chief The situation got fresh impe- economist for Comerica Bank, tus in recent weeks, thanks to a NATHAN SKID/CRAIN’S DETROIT BUSINESS said the current recession is movies pair of U.S. Department of Trans- Matthew Moroun, vice president of the Detroit International Bridge Co., stands in front of construction of the new bridge span, which will run next to the almost certain to become the portation approvals for the si- current bridge. longest since the 16-month multaneous bridge projects — downturns of 1973 and 1981, 2 groups shooting which include Michigan jointly four-lane structure. tion of infrastructure work on a which would make it the funding infrastructure at one Moroun’s Detroit International new highway interchange serving longest since the Great De- while seeking to build the other Bridge Co. -
Wind Powering America Fy08 Activities Summary
WIND POWERING AMERICA FY08 ACTIVITIES SUMMARY Energy Efficiency & Renewable Energy Dear Wind Powering America Colleague, We are pleased to present the Wind Powering America FY08 Activities Summary, which reflects the accomplishments of our state Wind Working Groups, our programs at the National Renewable Energy Laboratory, and our partner organizations. The national WPA team remains a leading force for moving wind energy forward in the United States. At the beginning of 2008, there were more than 16,500 megawatts (MW) of wind power installed across the United States, with an additional 7,000 MW projected by year end, bringing the U.S. installed capacity to more than 23,000 MW by the end of 2008. When our partnership was launched in 2000, there were 2,500 MW of installed wind capacity in the United States. At that time, only four states had more than 100 MW of installed wind capacity. Twenty-two states now have more than 100 MW installed, compared to 17 at the end of 2007. We anticipate that four or five additional states will join the 100-MW club in 2009, and by the end of the decade, more than 30 states will have passed the 100-MW milestone. WPA celebrates the 100-MW milestones because the first 100 megawatts are always the most difficult and lead to significant experience, recognition of the wind energy’s benefits, and expansion of the vision of a more economically and environmentally secure and sustainable future. Of course, the 20% Wind Energy by 2030 report (developed by AWEA, the U.S. Department of Energy, the National Renewable Energy Laboratory, and other stakeholders) indicates that 44 states may be in the 100-MW club by 2030, and 33 states will have more than 1,000 MW installed (at the end of 2008, there were six states in that category). -
Jacobson and Delucchi (2009) Electricity Transport Heat/Cool 100% WWS All New Energy: 2030
Energy Policy 39 (2011) 1154–1169 Contents lists available at ScienceDirect Energy Policy journal homepage: www.elsevier.com/locate/enpol Providing all global energy with wind, water, and solar power, Part I: Technologies, energy resources, quantities and areas of infrastructure, and materials Mark Z. Jacobson a,n, Mark A. Delucchi b,1 a Department of Civil and Environmental Engineering, Stanford University, Stanford, CA 94305-4020, USA b Institute of Transportation Studies, University of California at Davis, Davis, CA 95616, USA article info abstract Article history: Climate change, pollution, and energy insecurity are among the greatest problems of our time. Addressing Received 3 September 2010 them requires major changes in our energy infrastructure. Here, we analyze the feasibility of providing Accepted 22 November 2010 worldwide energy for all purposes (electric power, transportation, heating/cooling, etc.) from wind, Available online 30 December 2010 water, and sunlight (WWS). In Part I, we discuss WWS energy system characteristics, current and future Keywords: energy demand, availability of WWS resources, numbers of WWS devices, and area and material Wind power requirements. In Part II, we address variability, economics, and policy of WWS energy. We estimate that Solar power 3,800,000 5 MW wind turbines, 49,000 300 MW concentrated solar plants, 40,000 300 MW solar Water power PV power plants, 1.7 billion 3 kW rooftop PV systems, 5350 100 MW geothermal power plants, 270 new 1300 MW hydroelectric power plants, 720,000 0.75 MW wave devices, and 490,000 1 MW tidal turbines can power a 2030 WWS world that uses electricity and electrolytic hydrogen for all purposes. -
Michigan Wind Vision
A WIND VISION FOR NEW GROWTH IN MICHIGAN New research shows how expanding wind energy will benefit state economy A New Era for Wind Power in the United States wind energy under the Wind Vision U.S. Department of Energy scenario would result in Michigan Wind Vision report shows landowners receiving over $4.71 million dollars in annual payments potential benefits for Michigan by 2020, increasing to over $7.65 with continued expansion of million dollars annually by 2030. wind power in the state. Michigan farmers and A definitive new report recently families stand to benefit from released by the U.S. Department of significant freshwater savings Energy (DOE) shows huge potential and cleaner air by harvesting for wind power in Michigan and even more electricity from wind ENOUGH ELECTRICITY throughout the United States. The energy. DOE’s “Wind Vision: A New Era for Wind Power in the United States” Continuing to grow Michigan-made wind power offers tremendous water TO POWER finds wind energy could grow from supplying over 3.66% of the conservation and clean air benefits electricity generated in Michigan as well. Meeting the Wind Vision today to 4.8% by 2020 and more scenario would result in more than than 6.8% by 2030 – producing 616.33 million gallons of annual $ electricity for the equivalent of water savings by 2020, and by 2030 710,000 average American homes.* those savings grow to over 4.4 11.6 billion gallons a year. Generations Achieving the Wind Vision in of Michigan families also stand to Michigan would provide the state benefit from added clean air benefits with numerous benefits, including by harvesting more of the state’s MILLION electricity from wind energy. -
Gwec – Global Wind Report | Annual Market Update 2015
GLOBAL WIND REPORT ANNUAL MARKET UPDATE 2015 Opening up new markets for business “It’s expensive for emerging companies to enter new markets like China. The risk of failure is high leading to delays and high costs of sales. GWEC introduced us to the key people we needed to know, made the personal contacts on our behalf and laid the groundwork for us to come into the market. Their services were excellent and we are a terrific referenceable member and partner.” ED WARNER, CHIEF DIGITAL OFFICER, SENTIENT SCIENCE Join GWEC today! www.gwec.net Global Report 213x303 FP advert v2.indd 2 8/04/16 8:37 pm TABLE OF CONTENTS Foreword 4 Preface 6 Global Status of Wind Power in 2015 8 Market Forecast 2016-2020 20 Australia 26 Brazil 28 Canada 30 PR China 32 The European Union 36 Egypt 38 Finland 40 France 42 Germany 44 Offshore Wind 46 India 54 Japan 56 Mexico 58 Netherlands 60 Poland 62 South Africa 64 Turkey 66 Uruguay 68 United Kingdom 70 United States 72 About GWEC 74 GWEC – Global Wind 2015 Report 3 FOREWORD 015 was a stellar year for the wind industry and for Elsewhere in Asia, India is the main story, which has now the energy revolution, culminating with the landmark surpassed Spain to move into 4th place in the global 2Paris Agreement in December An all too rare triumph of cumulative installations ranking, and had the fifth largest multilateralism, 186 governments have finally agreed on market last year Pakistan, the Philippines, Viet Nam, where we need to get to in order to protect the climate Thailand, Mongolia and now Indonesia are all ripe -
Manufacturing Climate Solutions Carbon-Reducing Technologies and U.S
Manufacturing Climate Solutions Carbon-Reducing Technologies and U.S. Jobs CHAPTER 11 Wind Power: Generating Electricity and Employment Gloria Ayee, Marcy Lowe and Gary Gereffi Contributing CGGC researchers: Tyler Hall, Eun Han Kim This research is an extension of the Manufacturing Climate Solutions report published in November 2008. It was prepared on behalf of the Environmental Defense Fund (EDF) (http://www.edf.org/home.cfm). Cover Photo Credits: 1. Courtesy of DOE/NREL, Credit – Iberdrola Renewables, Inc. (formerly PPM Energy, Inc.) 2. Courtesy of DOE/NREL, Credit – Iberdrola Renewables, Inc. (formerly PPM Energy, Inc.) 3. Courtesy of DOE/NREL, Credit – Reseburg, Amanda; Type A Images © September 22, 2009. Center on Globalization, Governance & Competitiveness, Duke University The complete report is available electronically from: http://www.cggc.duke.edu/environment/climatesolutions/ As of September 22, 2009, Chapter 11 is not available in hardcopy. 2 Summary Wind power is a cost effective, renewable energy solution for electricity generation. Wind power can dramatically reduce the environmental impacts associated with power generated from fossil fuels (coal, oil and natural gas). Electricity production is one of the largest sources of carbon dioxide (CO2) emissions in the United States. Thus, adoption of wind power generating technologies has become a major way for the United States to diversify its energy portfolio and reach its expressed goal of 80% reduction in green house gas (GHG) emissions by the year 2050. The benefits of wind power plants include no fuel risk, no carbon dioxide emissions or air pollution, no hazardous waste production, and no need for mining, drilling or transportation of fuel (American Wind Energy Association, 2009a). -
Understanding Wind Energy Questions Posed to the Experts
Understanding Wind Energy Questions Posed to the Experts Sound/Noise Level Noise issues—will they be addressed? How loud will it be? Will I be able to hear it? Can you describe the sound the turbines make? What does the turbines sound like from approximately 1400 feet away? 1000 feet? 1/2 mile? Is there an accurate recording? What do the turbines sound like when it interacts with a home or building? Are there recordings from inside a house at a specific distance? Describe how the pitch of the turbine blade affects the noise emitted from the turbines? Does ice on the turbine blades affect the sound? Are the people who will live near these windmills aware that there is considerable and constant noise associated with the spinning of the blades? Do they know that huge, heavy chunks of ice fall from the blades in the winter? Can you hear turbine sounds from inside a home? People who live near the Mackinaw City wind turbines complain about the noise they make and they cannot sleep. I have stood near them and a couple of blocks away and cannot hear anything except swishing sounds. What sounds do the make that are bothering people? Are noise ordinances that are in place considered for the noise factor these turbines create? What is the decibel they will be running at? Are we allowed to enact a noise ordinance that covers all industry? Can we require that an industrial wind turbine project does not raise our daytime and/or nighttime ambient levels of sound in our ordinance? Should a noise limit in an ordinance set two limits, night -
Economic Benefits, Carbon Dioxide (CO2) Emissions Reductions, and Water Conservation Benefits from 1,000 Megawatts (MW) of New Wind Power in Michigan
Economic Benefits, Carbon Dioxide (CO2) Emissions Reductions, and Water Conservation Benefits from 1,000 Megawatts (MW) of New Wind Power in Michigan ind power is one of the fastest-growing forms of reached the 1000-MW mark. We forecast the cumulative eco- new power generation in the United States. Industry nomic benefits from 1000 MW of development in Michigan growth in 2007 was an astounding 45%. New wind to be $1.3 billion, annual CO2 reductions are estimated at Wpower installations constituted 35% of all new electric power 2.9 million tons, and annual water savings are 1,542 million installations. This growth is the result of many drivers, includ- gallons. ing increased economic competitiveness and favorable state policies such as Renewable Portfolio Standards. However, new Economic Benefits wind power installations provide more than cost-competitive Building and operating 1000 MW of wind power requires a electricity. Wind power brings economic development to rural significant investment. But this investment will generate sub- regions, reduces water consumption in the electric power stantial direct, indirect, and induced economic benefits for sector, and reduces greenhouse gas production by displacing Michigan. Direct benefits include jobs, land-lease payments, fossil fuels. and increased tax revenues. Indirect benefits include benefits The U.S. Department of Energy’s Wind Powering America to businesses that support the wind farm. Induced benefits Program is committed to educating state-level policy makers result from additional spending on goods and services in the and other stakeholders about the economic, CO2 emissions, area surrounding the development. and water conservation impacts of wind power. -
New York Main Tier RPS Impact & Process Evaluation 2009
New York Main Tier RPS Impact & Process Evaluation Prepared for: The New York State Energy Research and Development Authority, Albany, New York Carole Nemore, Project Manager Project Team: KEMA Inc. Liz Hicks, Rick Fioravanti, Josh Kessler, and Nellie Tong Agreement Number 10429 March 2009 Experience you can trust. Copyright © 2009, KEMA, Inc. This report was prepared by KEMA, Inc. in the course of performing work contracted for and sponsored by the New York State Energy Research and Development Authority (hereafter "NYSERDA"). The opinions expressed in this report do not necessarily reflect those of NYSERDA or the State of New York, and reference to any specific product, service, process, or method does not constitute an implied or expressed recommendation or endorsement of it. Further, NYSERDA, the State of New York, and the contractor make no warranties or representations, expressed or implied, as to the fitness for particular purpose or merchantability of any product, apparatus, or service, or the usefulness, completeness, or accuracy of any processes, methods, or other information contained, described, disclosed, or referred to in this report. NYSERDA, the State of New York, and the contractor make no representation that the use of any product, apparatus, process, method, or other information will not infringe privately owned rights and will assume no liability for any loss, injury, or damage resulting from, or occurring in connection with, the use of information contained, described, disclosed, or referred to in this report. Experience you can trust. ABSTRACT New York’s Renewable Portfolio Standard (RPS) program, designed to increase the State’s retail electricity mix from a baseline of 19% to 25% by 2013, has been in effect since 2004. -
Renewable Energy in Your Backyard
Some choices are clear. Hurry, this event ends on NOVEMBER 30, 2012! WaterFurnace Geothermal Fossil Fuel Furnace Even, luxurious comfort Hot to cold swings Savings up to 70% on bills Volatile fossil fuel prices Uses the clean, renewable Relies on the combustion energy in your backyard of fossil fuels Provides heating, cooling Provides heating, heating & hot water & more heating 25 year system life1 15 year system life Life is full of difficult choices, but choosing a WaterFurnace geothermal heat pump isn’t one of them. WaterFurnace can save you up to 70% on heating, cooling & hot water by capturing the clean, renewable energy in your backyard. Plus, for a limited time, we’re offering instant rebates or 0% financing on any of three geothermal packages. Each is tailored to fit your needs - so every choice is perfect. And with an additional 30% federal tax credit, there’s never been a better time to choose WaterFurnace. Visit your local WaterFurnace dealer for more information. $ or % $ or % $ or % 2,500 012 Mo 1,500 012 Mo 1,000 012 Mo Instant Rebate same as cash2 Instant Rebate same as cash2 Instant Rebate same as cash2 Includes 5 Series dual capacity 500A11 Includes 5 Series dual capacity 500A11 with For replacement of existing geothermal & Envision NSW with GeoTank, color color touch-screen thermostat, IntelliStart, systems. Includes 5 Series dual capacity touch-screen thermostat, IntelliStart, AXB controls & installation accessories. 500A11 with IntelliStart & AXB controls. AXB controls & installation accessories. Your Local WaterFurnace -
Annual Information Form for the Year Ended December 31, 2020
TABLE OF CONTENT INTRODUCTION .................................................... 3 Financial and Operational Effects of NON-IFRS MEASURES .......................................... 3 Environmental Protection Requirements ........... 42 CAUTIONARY STATEMENT ON Employees ....................................................... 42 Social and Environmental Protection Policies .... 42 FORWARD-LOOKING INFORMATION .................... 3 RISK MANAGEMENT AND RISK FACTORS ...........44 CORPORATE STRUCTURE .................................... 8 DIVIDENDS ..........................................................44 GENERAL DEVELOPMENT OF THE BUSINESS ...... 9 DESCRIPTION OF CAPITAL STRUCTURE.............45 RECENT DEVELOPMENTS .......................................... 9 THREE-YEAR SUMMARY ........................................... 10 GENERAL DESCRIPTION OF CAPITAL STRUCTURE 45 Financial Year 2020 .......................................... 10 Common Shares .............................................. 45 Financial Year 2019 .......................................... 12 Preferred Shares ............................................. 45 Financial Year 2018 .......................................... 14 Series A Shares and Series B Shares ............... 46 INDUSTRY OVERVIEW AND PRINCIPAL Series C Shares ............................................... 47 4.75% Convertible Debentures ........................ 48 MARKETS ........................................................... 16 4.65% Convertible Debentures ........................ 49 RENEWABLE POWER