'Free energy' is not cheap
Bloomberg:
It highlights the additional hidden cost in the wind energy projects that goes well beyond the tax incentives used by the wind energy producers to make their offerings look more competitive with traditional energy.
The $2.5 Billion U.S. Power Line That No State Can StopThere is more.
A $2.5-billion transmission line carrying wind power to the U.S. Southeast is coming -- whether state regulators there like it or not.
On Friday, the U.S. Energy Department used a decade-old statute to clear Clean Line Energy Partners LLC’s 705-mile (1,134-kilometer) power line for construction over any objections from the states involved.
The Energy Department’s approval of the line, proposed to carry 4,000 megawatts of power from the wind-rich Oklahoma panhandle through Arkansas and into Tennessee, marks the first time the 2005 statute has been used to bypass state approval and push through an interstate transmission project.
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It highlights the additional hidden cost in the wind energy projects that goes well beyond the tax incentives used by the wind energy producers to make their offerings look more competitive with traditional energy.
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