With a $3.8 million bid, Rhode Island’s Deepwater Wind New England won the nation’s first offshore wind energy auction

sct logoThe Bureau of Ocean Energy Management had split the 164,750-acre area, roughly 2½ times the size of Nantucket, into two portions for development. Deepwater Wind beat out two other developers, Sea Breeze Energy LLC and US Wind Inc, to purchase the entire area after 11 rounds of bidding. The company did receive a 20 percent “credit”,,earned its discount because it had entered into a “joint development agreement” with the state of Rhode Island. [email protected]

One Response to With a $3.8 million bid, Rhode Island’s Deepwater Wind New England won the nation’s first offshore wind energy auction

  1. So crickets from the fishing industry on the fraud called ocean wind farming? This is not farming for the benefit of the American public…oh “no siree”…..this is for the benefit of big green investors who see the cash cow from green energy being rammed-rodded into the American economy.

    First, why are their government subsidies to private green energy investments? Do we have a great need for much more costly green energy at the detriment to the American economy when fossil fuels are much cheaper for the consumer to purchase and as clean to use at this time? Haven’t we seen the US Energy Department gamble and throw away multi-billions of taxpayer dollars on various green energy projects which ended up bankrupt just after a few short years or these companies bond rating being classified as JUNK?

    “According to the Washington Free Beacon, “Seven solar companies received fast-tracked approval by the Department of the Interior to lease federal lands in a no-bid process: Abengoa Solar, BrightSource Energy, First Solar, Nevada Geothermal Power, NextEra Energy Resources, Ormat Nevada, and SolarReserve.” Each of these seven companies –– despite “junk bond” status, received billions of DOE funds under the 1705 loan program as well as renewable energy grants from the Treasury Department.:

    From: THE GREEN CORRUPTION FILES – http://greencorruption.blogspot.com/2

    Second, shouldn’t one of the primary issues be the taxpayers themselves reaping the benefits from the so-called green wind energy? Are electrical and heating rates just going to be magically cut in half when this particular project is up and running?

    Third is the issue of the government backing the wind investors if their investment just does not make the future projected earnings? (heavens forbid a progressive, green energy investor will lost money during this administration) To wit:

    “Critics like the New England Ratepayers Association warn the Rhode Island Sound wind farms could cost the public and ratepayers big money, potentially $2.9 billion over 15 years, if federal wind-energy production tax credits are extended.

    “It’s unbelievably expensive, it’s an intermittent power source that requires you to keep gas plants on standby. Offshore wind is just a terrible deal,” Ratepayers Association president Marc Brown said in a telephone interview Wednesday.”

    From: Rhode Island Sound opened for wind power – http://www.necn.com/07/31/13/Rhode-Island-Sound-opened-for-wind-power/landing_business.html?blockID=848145&feedID=11106

    “Terrible deal?” Yes, not only for the American taxpayers and Rhode Island electrical rate payers, but also to the resident and migrating marine birds which seem to fly into these bird-Cuisinarts. Ah, but this is one of those little footnotes that are rarely mentioned about these energy clean sources effecting the environment and those that live in the environment such as birds. Heavens forbid if a dead endangered bird is found on your property…To wit from FORBES on May 16, 2013 – The Endangered Species Act And Wind Power: A Rule, Or More Of A Guideline?:

    “It seems that the Fish and Wildlife Service has for years willfully refused to act when birds – including Bald Eagles, Golden Eagles and even the highly endangered California Condor – die horrible deaths by flying into the enormous blades of 300 foot-tall wind turbines that litter broad swaths of landscapes in many parts of the country. Even worse, the Administration has refused to act while at the same time filing civil and even criminal charges against fossil fuel companies that experience listed bird deaths on their properties.”

    We know the “warm and fuzzy” language and propaganda which the green energy forces use in their news bits and press releases about this being “clean, renewable and it does not hurt the environment”…but clean and renewable, and more so, being benign to anything that comes near it, I ask?

    Folks this is another bad deal from President Zero and his BIG FAIL administration…. and if one questions why, how many times do we hear often quoted “World Energy Outlook – IAE annual report” calling the US the new Saudi Arabia of Natural Gas, but also the US economy can reap the benefits from clean coal technology along with receiving the enormous benefits from the Keystone XL, if the pipeline….”IF” it is ever approved. The result to every American and American businesses is not only lower prices on petroleum based fuel products, but also heating and electrical rates.

    Still don’t believe this? Maybe hearing it from a Saudi Prince that fracking and oil and gas recovery from shale could have a very big negative economic effect on his country…..yes fossil fuels, not the threat from the development of green energy!

    “Saudi billionaire Prince Alwaleed bin Talal has warned that the kingdom’s oil-dependent economy is increasingly vulnerable to rising U.S. energy production, breaking ranks with oil officials in Riyadh who have played down its impact.”

    From: The Wall St. Journal, 3 days ago: Shale Threatens Saudi Economy, Warns Prince Alwaleed
    Investor Says Kingdom’s Economy Increasingly Vulnerable; http://online.wsj.com/article/SB10001424127887323854904578635500251760848.html

    The American public is being hood-winked time and again with the green energy scam of wind farms and solar panels. One just has to look at our socialist friends in Europe who have dropped subsidies for green energy projects (in fact as far back as in 2011).

    In fact while BOEM is proclaiming the success in wind energy leases, nine European countries are or have pulled back from green energy subsidies. To wit:

    “Historically, most of the energy debate in many of these legislative bodies has centered almost exclusively on ensuring that citizens have ready access to affordable and reliable energy.

    Unfortunately, over the past several years, the energy debate has shifted. Instead of worrying about the cost and dependability of energy, many legislators are now focusing on ways in which certain politically preferred energy sources—most commonly wind and solar—can be deployed in favor of more conventional sources. These policymakers and other environmental advocates will often point to Europe as models for how governments can best encourage the use of “green” energy sources.

    It turns out, however, that these models are now proving to be powerful examples of what not to do.”

    From: European Lessons on Renewable Energy Subsidies: Todd Wynn and John Eick | May 29, 2013
    http://www.americanlegislator.org/european-lessons-on-renewable-energy-subsidies/

    As Juliette Lewis said in Natural Born Killers, “bad-bad-bad”, especially at this time when it comes to sectioning off the ocean for wind farms.off our shores.

    For more information on these mutli-billion dollar green energy frauds being committed by President Zero and his administration, see:

    THE GREEN CORRUPTION FILES

    http://greencorruption.blogspot.com/

    “Since 2009 we’ve been tracking President Obama’s clean-energy dirt (aligned with the Left as well as those with political “access and influence”), proving that the Green Corruption Scandal is the largest, most expensive and deceptive case of crony capitalism in American history. Stay tuned as we expose one piece of this scandal at a time…”

    Fishermen make the change come the 2014 mid-term elections and vote in those legislators who support cheaper energy for the American consumer.

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