EO 210 – Power Plant, Wind, and Nuclear Energy Fundamentals

 4000 mw = $8,000,000,000  Circulation of this money = “Economic Stimulus”  Per 100 Towers:  Direct Jobs: linked to the project (general and sub contractors)- trucking, concrete, manufacturing, earth work, road construction, electricians, permanent technicians.  Indirect Jobs: New businesses or increased established business- restaurants, grocery stores, motels, apartments, gasoline, entertainment  Possibilities:  Job creation  Rural Revitalization  White, SD project has currently generated 500 new jobs

 Land Acquisition: On Site Tower: going rate is about $ /MW  1.5 MW Tower = $ /year  “Fair Market Price”  Lease is good for the life of the turbine =usually years.  Look at both charts on page 2.  250 MW project would create 500 Direct and 500 indirect jobs for the surrounding communities. =$97 million during construction and $10.1 million annually after completion.  South Dakota Law HB1320 – Uniform Taxation Law  $3000/MW plus 2% of Gross Revenues = $600,000/year tax revenue per 100 MW. 20% directly to the county!

 Pre-Agreement Lease  “Wind Rights” comparable to mineral rights.  Current going rate $ /year  Land owner agrees not to discuss or create deals with other developers.  Can cause social animosity between communities, individuals or individuals and a community.  Look at the map from Lake Pickeral down to Clear Lake

 Key Players:  Transportation of LARGE EQUIPMENT: blades, nacelles, towers….  Specialty Trailer – Load King – Mitchell =$180,000  3 trucks/tower, 2 pilot cars/truck  Back pilot car controls back end of trailer

 Component Manufacturers;  GE  Clipper  Acciona  Siemens  LM Glasfiber – North Dakota  Molded Fiber Glass – Aberdeen employs 750  Energy Maintenance Systems (EMS) – Howard  Employs 180 – refurbish and maintain turbines

 No Carbon Dioxide, Mercury, Sulfur Dioxide, Nitrogen Dioxides, or radioactive wastes.  No Water use.  Minimal wildlife impact – bird/bat death  Aesthetics – Some like the looks of turbines…  Other perceptions: Ugly, Bird killers, Noise, and flicker.UglyBird killersNoise flicker  Those who don’t cash in can create tremendous animosity among neighbors.

 Federal Renewable Energy Standard 25% by 2025  South Dakota easily already meets this standard…  Why?  Hydroelectric dams  Wind Farms  Allows us to currently be an exporter to to thers who cannot---- Minnesota

 Small  Individual or business for personal usage. Goal – to make energy.  Medium  “Community Wind”- Several investors and several users. Goal – to make energy and some money.  Large  Corporate companies in the “Power” business.  Basin Electric, Florida power and Lights…

 Crane Transport Permit = $50,000  Crane operation = $850/hour  Crane operator (certified) $30/hr.  Blades: “root” about 2 ft., tip about 2 inches  Double tag lines  Techs: assembly-hydro-torque wrenches  Construction White Co Indiana Construction White Co Indiana  Bristol Port Turbine Construction Bristol Port Turbine Construction  World’s Largest Turbine World’s Largest Turbine

 Historical Cycle- Farm (sail style) windmills to today  Fastest Growing renewable energy source  USA has the greatest capacity to grow and will continue to do so…..why?  Texas- current leader…..why?  T Boone Pickens-who is he? Research info on him for tomorrow!  Net Metering = “Green Credits”

 Rural Economics:  Land owner taxes  Towers taxed  Permits  Sales taxes- direct and indirect  Less Subsidies- cannot compare to other energy production systems because it is “new”  Free Fuel – but variable….no wind, too much wind

 Price Stability- Wind vs. Fossil Fuel….Sources?  Cost Effective Production- South Dakota= on average 7 years to pay back initial investment  Creates Jobs  Social Advantages- Supports Agriculture, small footprint, local ownership, makes our country safer  Local Ownership- Own shares. Similar to Ethanol

 Clean Water  Water is not needed in this energy conversion.  Clean Air  No “Carbon Gas emissions  No Mining  No toxins brought to the surface (tailings)  No Reclamation of land  Land Preservation  Ag land can still be farmed and/or grazed

 Aesthetics- two sides to this coin  Shadow Flicker- True argument  Setbacks  Noise- true argument  Setbacks  Biological – bird/bat deathbird/bat death  Construction  Radar