USDA Farm Bill Grant Workshop Wind Project Case Studies

0
0
2916 days ago, 1154 views
PowerPoint PPT Presentation

Presentation Transcript

Slide 1

USDA Farm Bill Grant Workshop Wind Project Case Studies Prepared by: Windustry Presented by: Sarah Wright Director, Utah Clean Energy Alliance (801) 673-7156 sarah@utahcleanenergy.org www.utahcleanenergy.org

Slide 2

A New "Money Crop" for the Rural Economy "The Energy Title sets up vitality arrangement as an indispensable piece of agribusiness strategy, which will make develop the market for ranch based vitality that will profit provincial groups." David Benson, agriculturist and Nobles County Commissioner, Minnesota "Wind Energy has given employments so that our youngsters could return home to live and raise their families" Sherry Phillips, Mayor of McCamey, Texas

Slide 3

2003 USDA Grant grants August 2003-$21,207,233 granted to 113 candidates from 24 states. Minnesota drove all states with $4,678,632, trailed by New York, Illinois, and Ohio. Montana got one honor ( $37,000 to Eagle Stud Mill, Inc. in Granite County for a biomass cogeneration framework) 35 grants totaling $7.4 million to bolster wind control.

Slide 4

2004 Renewable Energy Systems and Energy Efficiency Program January 23, 2004: Full subsidizing ($23 million) was appropriated. Official principles expected soon. Principles and timetable will probably be like 2003 (demand for proposition in April, due date in June) Encouraging USDA to permit however much time as could reasonably be expected. Advances and credit certifications are relied upon to be accessible (notwithstanding gifts) in 2004.

Slide 5

2003 USDA Grant Awards Wind Projects Farmer/privately possessed twist extends in Minnesota 20 in Minnesota alone Small wind turbine ventures (Minnesota, Iowa, Washington) 16 Farmer-claimed <2 MW extends in Minnesota Rural Electric Co-operation extends in Illinois and Minnesota Nobles and Federated, southwest Minnesota Illinois Rural Electric Cooperative, Pike County, IL

Slide 6

Community Commercial-Scale Wind Projects School locale Examples: Spirit Lake, IA • Eldora, IA • Pipestone, MN-incorporated into school educational modules Tribal Communities Example: Rosebud, SD-first Native American-possessed expansive scale twist turbine in the U.S. Nearby Landowners Examples: Kas Brothers, Woodstock MN • Minwind I & II, Luverne, MN Spirit Lake, Iowa

Slide 7

2003 USDA Grants First working venture First USDA financed extend went online in October 2003 in Pope County, focal Minnesota. A remanufactured E-15 35 kW machine, from Energy Maintenance Services in Gary, SD. One of 4 comparable activities to be financed in Minnesota. Guests reviewing the new turbine at the commitment. Photograph by Lisa Daniels

Slide 8

2003 USDA Grants First working undertaking: Pope County, MN Partners: Farmer Earl Hauge and his previous farmhand Minneapolis inhabitant Carl Nelson see twist control as an extraordinary chance to revive country Minnesota. Earl possesses the land and appreciates the new wage from offering the additional power he doesn't requirement for his homestead, While Carl wins some additional salary and the bit of psyche of making contamination free vitality. A USDA give took care of 25% of the expense ($17,175). Neighbors and other intrigued agriculturists at the turbine devotion.

Slide 9

Small wind turbine extends in Montana (Glacier, Stanford, and Chester, MT) Our Wind Co-operation is a special helpful empowering agriculturists, farmers, and rustic offices to put resources into little scale twist turbines over the Northwest. Toward the end of 2003, three little turbines were introduced in MT and two in WA. Supported through NREL and USDA Value-Added give program. Ice sheet, Montana Photo cordiality of NW SEED

Slide 10

Small wind turbine extends in Montana More than 800 kW of little turbines introduced around MT. Net Metering-"keeping money" power with an utility. Peshastin, WA Photo civility of NW SEED Available in MT for frameworks up to 50 kW and clients of Investor-claimed utilities. Some electric cooperatives offer net metering for frameworks up to 10 kW. Chester, Montana Photo civility of NW SEED

Slide 11

Kas Brothers Plant 25-Year Cash Crop First rancher claimed business scale extend in U.S. Two 750 kW Micon turbines introduced in summer of 2001. Financed with neighborhood banks (had a value accomplice). Many ranchers in MN now taking after this model . Richard and Roger Kas-Woodstock, MN

Slide 12

A developing gathering of Wind Farmers "Combines cost you $150,000. You utilize it two, three, possibly four weeks out of the year. This costs you over a million dollars, however it runs 365 days a year. So when everything comes directly down, I think this is a superior investment," Pam Fey, Woodstock, Minnesota. Fey family twist turbine under development. Photograph by Mark Steil/MN Public Radio

Slide 13

Minwind I and II "Agriculturist Cooperative" Two LLCs framed with helpful standards. Sold enrollment stock to 66 people (33 in every gathering, required 85% of shares to be claimed by ranchers) No individual can possess more than 15% of the shares. Created two 1.8 MW undertakings (to utilize MN impetus) Built the venture in late 2002. Tom Arends and Mark Willers, Presidents of Minwind I and II

Slide 14

Minwind I and Minwind II Goals included: Local possession Maximize rate of profitability Create neighborhood financial advancement Research and use accessible motivators Develop a "treat cutter" model Maintain agreeable standards

Slide 15

Minwind III - IX Seven more Minwind ventures got $178,201 awards from USDA. Basically, utilizing assets to manufacture interconnection substation to get each of the 7 extends on the lattice. Minwind III-IX will have 147 proprietors. Marked power buy contracts with an utility in November. Result will be roughly another 14 MW of privately possessed twist in Rock County, Minnesota.

Slide 16

Rural Electric Cooperatives Three Rural Electric Cooperatives got USDA assets to create wind ventures: Federated Rural Electric Association (MN) $500,000 Nobles Cooperative Electric (MN) $500,000 Illinois Rural Electric Cooperative (IL) $438,544 The group at Federated Rural Electric Association. Photograph by Lisa Daniels .

Slide 17

Illinois Rural Electric Cooperative (Pike County, IL) Planning to get things started in early spring and have a 1.65 MW NEG Micon turbine online before the end of 2004. Propelled by new IL wind maps that demonstrate a portion of the best twist in the state to be in IREC region. Numerous REC wind tasks are hampered by long haul selective contracts with other vitality suppliers, however IREC has adaptability with up to 5% of its vitality buys.

Slide 18

Illinois Rural Electric Cooperative (Pike County, IL) Financing $438,544 from USDA (25% of the venture cost) Also: $175,000 from IL Clean Energy Community Foundation and a pending IL state allow. As per Co-operation Manager Sean Middleton the venture is significant: For ecological reasons; as a chance to be a pioneer among comparable utilities; as an opportunity to investigate a community possessed appropriation generator; to react to popular supposition and help IL meet its wind objectives; and to exploit an under utilized vitality asset. Trusts wind can work for little to medium estimated utilities like centers and city utilities.

Slide 19

School Wind Projects: Eldora, Iowa 750 kW turbine introduced in late 2002 Financing: $250,000 no-premium credit from the Iowa Energy Bank, a program keep running by the IA DNR $550,00 5.5% premium advance from neighborhood bank (Hardin County Savings Bank of Eldora) Borrowed an aggregate of $800,000 for turbine, development, advisors and lawyers at normal yearly loan fee of 2.1%.

Slide 20

Revenue and Production Projections (USD) Projected vitality funds every year $90,000 Annual credit installments for 750 kW turbine (initial 10 years of operation) $97,729 Projected yearly vitality generation 1.5 million kWh Projected yearly income from abundance vitality creation (sold at 3.8 ¢/kWh) $19,000 Projected yearly investment funds and income amid initial 10 years of operation $12,000 Projected yearly reserve funds and income after initial 10 years of operation $109,000 School Wind Projects: Eldora, Iowa

Slide 21

Native American Wind Projects Rosebud Sioux Tribe, Rosebud, South Dakota Dedicated a 750 kW turbine in May 2003 "Breaking Trail" First step for the aggressive wind control objectives of Great Plains tribes.

Slide 22

Rosebud-Selling Power

Slide 23

Community Wind Energy: A developing business sector compel in the U.S. Groups invigorated by chances to: Harvest clean vitality as a "money edit" Enhance vitality security/autonomy. To have neighborhood control over vitality assets and keep vitality dollars nearby. Secure the earth. Turning into a genuine market compel: Successful tasks in the ground. Enthusiasm spreading like fierce blaze. Less compelled by different U.S. advertise challenges. Photograph graciousness of U.S. Branch of Energy

Slide 24

Windustry's National Community Wind Energy Conference June 23-24, 2004 Minneapolis, Minnesota More data at: www.windustry.org

Slide 25

Windustry's Wind Farmers Network A system for landowners, agriculturists, farmers, cultivate associations, organizations, group pioneers and others. A participation based trade for contextual investigations, singular encounters, lessons learned, arranging focuses, and the sky is the limit from there. More information on wind easements and improvement models. Online at www.Windustry.org

Slide 26

Contact Information Windustry 2105 First Ave. S. Minneapolis, MN 55404 Phone: +1-612-870-3461 Fax: +1-612-870-4846 E-mail: info@windustry.org Web: www.windustry.org

Slide 27

Contact Information Utah Clean Energy Alliance 917 second Ave. Salt Lake City Phone: +1-801-673-7156 E-mail: sarah@utahcleanenergy.org Web: www.utahcleanenergy.org

SPONSORS