A 2012 deal worth hundreds of millions of dollars to expand wind energy projects across the Northeast was dealt a blow Tuesday by the Maine supreme court, which ruled that a state agency's approval of the complex deal was invalid. The transaction included prominent wind developer First Wind, Maine utility companies Bangor Hydro and Maine Public Service and Nova Scotia-based electric utilities owner Emera, Inc.
The Public Utilities Commission (PUC) had approved the proposed transaction in April, 2012. In June, 2012, the companies announced they had closed the multi-part deal to affiliate, which would provide First Wind with the cash to build wind turbines across the region. A press release stated the joint venture amounted to $361 million in loans and investments, adding that “the completion of the joint venture could lead to up to $3 billion in future economic investment in the region in the coming years.”
But between the PUC’s approval and the companies’ announcement of the closing, three parties appealed the approval to the state’s highest court. The appeals were made by the state Public Advocate, the Houlton Water Company and the Industrial Energy Consumers’ Group, which represents large energy users and advocates for lower electricity prices. Continue Reading →
“I feel like a citizen who is seen to be of less value than my neighbors,” said Karen Bessey Pease, after Maine Senate Democrats Wednesday sidelined an effort to give her and other residents of the state’s most rural areas a say in whether wind towers are built in their communities.
“We just asked to have the same rights to determination of zoning issues in our community as our next-door neighbors have,” said Pease, of Lexington Township. “It’s very unfortunate that the Senate voted the way they did.” Continue Reading →
A legislative committee today sided with residents in some of the state's western mountains in their fight to have more say over the construction of industrial wind towers in their backyards. If the full legislature approves the bill, it would be the first significant blow to the state's ambitious Wind Energy Act. Continue Reading →
They came from the townships and plantations of Concord, Lexington, Highland, Carrying Place and Pleasant Ridge. They set out for the statehouse in Augusta from the five sparsely populated backcountry communities set between the Kennebec and Carrabassett rivers, from a wooded intervale etched by streams, dappled by lakes and cradled by the hills and mountains of western Maine. Continue Reading →
Two freshman legislators have filed bills to make dealing with climate change once again a priority for state government.
Rep. Paul McGowan, D-York, submitted a bill designed to make Maine more energy independent and sets goals such as reducing fossil fuel use by 20 percent. Continue Reading →
Less than two weeks ago, a Canadian energy company and a major wind power developer with turbines in Maine announced they had closed a deal worth hundreds of millions of dollars to expand wind power projects across the Northeast. But the announcement left out one important fact that could jeopardize the deal: Legal appeals had been filed just days before by the state’s Office of the Public Advocate and a Maine utility company challenging a ruling by a state agency that cleared the way for the joint venture. “I was somewhat surprised” to see the announcement that the deal had closed, said Eric Bryant, the attorney in the Public Advocate’s office who filed one of the appeals. “It’s unusual for a company to make a decision when there’s risk involved that it may have to undo it because of a legal matter.”
The partnership is between Emera, a Canadian energy company that owns electric utilities in the Northeastern US, Atlantic Canada and elsewhere, and First Wind, which develops, constructs, operates and owns utility-scale wind projects across the United States and in Hawaii. First Wind is the Northeast’s largest wind power developer and has four major wind projects in Maine, with a fifth, Bull Hill, under construction.“I was somewhat surprised” to see the announcement that the deal had closed, said Eric Bryant, the attorney in the Public Advocate’s office who filed one of the appeals. Continue Reading →
The Maine Public Utilities Commission recently issued a decision in a hotly contested case allowing Emera, the Nova Scotia company that owns Bangor Hydro and Maine Public Service, to create a new company with First Wind, a major wind power developer. The three-member regulatory body decided that the economic development benefits of the project had so much potential that they could approve it while imposing enough conditions to protect utility customers. In its decision, the PUC went against the recommendations of its own experienced staff and all of the parties to the case, other than the applicants. Those parties, including the Maine Public Advocate, represented utility customers and the Northern Maine Independent System Administrator, the neutral body responsible for maintaining electric reliability in northern Maine. According to a report by the Maine Center for Public Interest Reporting, a principal focus of the PUC decision was the potential the new entity would have for creating jobs in Maine, perhaps more than any other development now on the horizon. Though Maine’s unemployment rate is well below the national level, job creation remains near the top of voters’ concerns. That the PUC should give economic considerations great weight while finding that its conditions were sufficient to provide consumer protection reflects a broad view of its mandate. Continue Reading →
State regulators on Tuesday approved a multi-million-dollar deal that could fund construction of hundreds of wind turbines in Maine and the Northeast, despite a staff recommendation to reject the proposal. All three members of the Public Utilities Commission voted for a complex series of transactions among First Wind, Bangor Hydro and Maine Public Service and their parent, Nova Scotia-based Emera, Inc., and Ontario-based Algonquin Power and Utilities Corp. The commissioners said the economic benefit of such investment was substantial, that any potential harm from the deal could be mitigated by PUC-imposed conditions and that the deal helped meet the ambitious goals of Maine’s 2008 Wind Power Act. Maine currently has 205 commercial wind turbines that can produce 400 megawatts of electricity. Tuesday’s deal could pave the way for construction of turbines producing an additional 1,200 megawatts. Continue Reading →
Maine will not be able to accomplish the state-mandated goals of building 2000 megawatts of wind power on land by 2015. That’s one conclusion of two studies issued this week by the governor’s energy office and an independent group of researchers. The studies also urged reconsideration of the landmark 2008 law that allowed wind turbines to be built in ecologically and scenically important areas of the state. “No one imagines that we’ll be meeting the goal at 2015,” said Stephen Ward, co-author of “Maine Wind Assessment 2012.”
“In order to meet the 2015 goal, at least 552 new turbines will have to be permitted and become operational by 2012, and – depending on the size of the turbines – potentially as many as 1,103 turbines will be needed,” Ward’s report states. The state is “making progress, though, in meeting the off-shore wind goals for 2020 and 2030,” says Ward’s report, although none are currently constructed. Continue Reading →
Just a few months ago, almost nobody talked about the Strait of Hormuz, much less worried about its effect on our lives. Now, Iran threatens to close that narrow stretch of water in the Middle East. It’s the latest move in a growing international conflict over Iran’s possible development of a nuclear weapon. If the Strait is closed, the world could lose as much as one-fifth of its oil supply. Since the 1970s, the United States has worried about the security of its oil supply and its dependence on the politically volatile Middle East. Because of the dangers in the Israeli-Arab conflict, the U.S. has tried to reduce dependence on Middle East oil. That concern has filtered down to Maine, the state with the highest percentage of homes heated by oil – 70 percent according to the U.S. Census. The state has its own Office of Energy Independence and Security, and state law targets a 50 percent reduction by 2050 from oil dependence levels of 2007. Continue Reading →