Hull Wind A Community Gets Green Financing Wind Power : The Future of Energy May 9, 2008 Andrew Stern www.hullwind.org.

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Presentation transcript:

Hull Wind A Community Gets Green Financing Wind Power : The Future of Energy May 9, 2008 Andrew Stern

Hull MA – Coastal community of 10,000

Hull wind project started in 1997 CARE – Citizen Advocates for Renewable Energy  40 kW installed at Hull H.S  Use of wind energy dating to 1820  Windmill Point Hull, Massachusetts

Hull kW – Dec 27, 2001  1,500 MWh/year  9844 MWh April ’08  27.02% CF  Equivalent to 250 home’s usage  ~ 3% of Hull  Annually Offsets:  1,200 tons CO2  7 tons SO2  5 tons NOx

Hull kW – Dec 27, 2001  Cost: $780,  Town Paid Cash  Municipal Light Plant  Previous wind experience  Paid for itself in under 5 yrs through energy costs saved and incentives  Incentives  Federal REPI ~ 1.9 ¢ /kWh  Voluntary mkt RECs ~ 3.0 ¢ /kWh

Hull Wind 1 – Google Earth

Hull Wind 1 – from an airplane

Hull Wind 2

Hull Wind 2 – Vestas V80 1.8MW  $3,000,000 to install 20m atop a landfill  Foundation cost: $750K  Hull and Harvard U. ink 10-year REC deal  42,000 MWh RECs = $1,500,000

Hull Wind 2– constructed 2006  4,200 MWh/year – 7,337 MWh April ’ % CF  95% approval of the residents of Hull, MA  Hull 2 commissioned in May 2006

Hull Wind 1 and Hull Wind 2 contribute over 11% of Hull’s entire electric load ! Hull plans on 4 off shore turbines for approx 100% of entire town load ~ Hull 1 Hull 2

Hull Wind 3, 4, 5, 6 off shore = 100% Presently under development

AWEA EPA Mass Municipal Assoc. Mass Congressional Award Clean Air – Cool Planet DOE Hull has won several awards

- Maine commission to weigh 2 wind-power projects - Federal report favorable on Cape Wind - Chelsea MA installs turbine - Jiminy Peak 1.5MW S.E.D. - Princeton ( MW) and Fairhaven ( MW) - Quincy, Cohasset, Scituate, Ipswich predev Several items in regional news

Cape Wind comments extended

Hull ~ A Community Gets Green