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Western Wind Turns Down US $228 Million Offer for Wind Project

May 22, 2008   |   5 Comments

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Accorrding to Western Wind, given the growing market for renewable energy, developing its own projects will provide a greater return.
5 Reader Comments
Comment
1 of 5
May 22, 2008
Too many hot air producers, too few involved in productive research.Too many dollars spent in advertising, marketing, too many bold men fighting about a comb ( this is not mine, the credit goes to Jl Borges)
Too many bureaucrats inventing ways to make of renewable energy a calvary of obstacles, asinine requirements, a testimony to the inventivness of idle incompetent canaille. Canaille, borrowed from Sarkosy. Too many leaches sucking the life out of the only way to restore some kind of a future for humanity. How much of the $56M/year goes into salaries of the top echelon of Western Wind? Why is residential PV still at $9/peak watt? Why extremely promising technology is forced to beg for a few dollars from any and all possible sources?OK, you may find all of this diatribe disrespectul. Yet , I would appreciate some answers.
Comment
2 of 5
May 23, 2008
Who offered them 228 million? This is a good question.How much do they want and need? Maybe they should take the deal , then use that money to build another location. Dominion Power wants to spend 2 billion to build 1 nuclear reactor. Priorities are all wrong!
Comment
3 of 5
Mrs. McCracken:

I agree with you concerning nuclear power. As an ex-nuclear engineer for GE, I know nuclear power's "dirty secrets". If Chernobyl had occurred in the U.S., there would have been a population uprising on Congress to stop nuclear construction. A nulcear power plant costing $1 billion to build in 1985 now costs over $8 billion. For that money, I could build 10 solar-hydrogen power plants today.
I am now an executive with a solar-hydrogen engineering company and we are planning several 24/7 400 MWe solar-hydrogen power plants with construction to start in 2009.
Warren Reynolds, CEO
Eco-Engineers, Inc.
Comment
4 of 5
May 23, 2008
With gas prices going ever upward, I just get SO frustrated that we are not using more renewable energy! I live in Nevada, was raised in a town called
Tonopah, which is looking for another industry to help them. Check them out, folks. They have 300 days of wind a year! By the way, nuclear energy is NOT a 'green" energy - don't buy into that! Not one of those plants have paid even back their building costs. The San Onofre Power Plant in CA, could become a true nightmare if any of California's many fires ever got to it. It has dry cask storage on site, and a tsunami would flat out take it out!
The rest are all accidents waiting to happen. I have data regarding this, and how close we have come, more times than you can know. Be happy to furnish that data. Or, for your own enlightenment, just Google "Brown's
Ferry Nuclear Accident" Or Davis-Besse Nuclear power plant - where about
1/16 of an inch on a stainless steel vessel was all that remained between
the community and a catastrophe. Check out "Main Yankee Atomic power plant. The accident reports are right there, for all to read. I was married to a nuclear submariner. His boat and others have been broken up and recycled, but at least, two of the reactors were just buried in dirt at the Hanford WA site. It is also a huge superfund site, billions spent and no end in sight.
Comment
5 of 5
May 26, 2008
Why would Western Wind be entitled to $115/MWh?
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