Fortune 500 Company Proposes Wind Project
New Wind Project Proposed For Two Michigan Counties
By: Lauren Amstutz
November 15, 2010
Benzie, MI- One of the largest energy companies in the country has plans for a new wind project in Benzie and Manistee Counties.
Duke Energy is moving forward with what they are calling the Gail Windpower Project. The plan is to build more than 100 wind turbines over 12,000-16,000 acres.
Duke Energy spokesperson, Greg Efthimiou says, “We have development teams throughout the U.S. that look at great areas for wind and the Lower Peninsula near the lake is certainly an area with tremendous wind resources. This is an opportunity for Michigan to capitalize on.”
Right now the company is signing leases with large landowners, mostly farmers. An estimated $1 million dollars in revenue per year would be shared by those landowners. The wind farm would also generate taxable revenue for both Manistee and Benzie Counties year after year.
Benzie County Commissioner Mary Pitcher says, “To me the biggest thing is the boost it would bring to our economy. The construction phase will bring lots of jobs and there’s also money in the form of taxes. We’re expecting more than $100,000 annually from it.”
The power will go to whoever signs a power purchasing agreement (PPA) with Duke Energy. The company says they are talking with several businesses and groups, but no contract has been signed yet. It’s the last step needed to move forward with construction.
Click here to view newscast video:
http://www.upnorthlive.com/news/video.aspx?list=194414&id=541355
Subscribe to:
Post Comments (Atom)
Any idea how Duke plans to finance these projects and are they backed by power purchase agreements?
ReplyDeleteDuke Energy Generation Services is the developer, constructing and operating the wind farm.
ReplyDeleteThe power will go to whoever signs a power purchasing agreement (PPA) with Duke Energy. The company says they are talking with several businesses and groups, but no contract has been signed yet. It’s the last step needed to move forward with construction.
My father was a POW of World War II. Mom was also a Veteran of WWII as a Navy Wave. When mom was not able to care for herself I went to the VA as she had always told me. Not one word was mentioned about the Aid and Attendance pension. My father-in-law is a Veteran of the Korean conflict and you can bet we will get the Aid and Attendance pension for him and his wife when the time is right. http://www.seniorcareassociates.com
ReplyDelete