Wind Energy Companies

Thomas asks…

How much potential does starting a energy supply company using wind power have?

I’m currently majoring in aerospace engineering at Iowa State and my plans for after graduation are to start up a company in MN and ND. Both of these states are rich in wind energy and have more than enough to go around. Going green is what the government seems to care about these days. With CO2 levels rising, and coal and oil running out- the infinite/renewable resource of wind seems like the way to go…

Q1) is this even a good idea?
Q2) how would i go about starting this up? what would i need?
Q3) Does this have the potential of being a great success?

Windmill Farms answers:

The costs of building a wind energy production facility are prohibitive. Without the 100 percent government subsidies currently being used, nobody in their right mind would make any such proposal. One should plan for these government handouts to disappear at some point.

Also, there are huge problems remaining with management of wind-generated electricity, primarily the unpredictable nature of wind fluctuations, relatively poor efficiency (production below 20 percent of turbine ratings), and inability to store energy for even a few seconds. This results in a net loss of “green”, when you consider the fact that you would still need to have the same number of fossil-fueled or other power stations online, running at nearly full capacity, in order to supply continuous electricity when the wind dies for a few minutes. So, not only have wind-energy generators been a colossal burden upon taxpayers and damaged many wilderness viewsheds permanently, they do not live up to any of their promises of “green” energy.

Recent news reports indicate that some so-called “wind farms” (they don’t actually “grow” anything) in the Bonneville Grid (Pacific NW) have been asked to curtail what little production they have, because there is already a surplus of electrical power from other generators. Some systems in Europe have proven to be so inefficient and expensive to maintain that they are being shut down completely, if not dismantled.

The future is certainly not bright for those involved in trying to implement massive wind-based systems without a major breakthrough in technology. For instance, rather than gigantic vertical rotors, some research shows promise in smaller, horizontal systems that are easier to maintain, but still cost-prohibitive and still subject to the zero efficiency when there is no wind and over-production without storage.

David asks…

Why is the Obama Administration suing wind energy companies for killing birds?

Aren’t Bald Eagles and Spotted Owls a small price to pay for green energy?

Duke Energy will pay $1 million for killing 14 golden eagles at Wyoming wind farms

Wind Energy Company to Pay $1 Million in Bird Deaths

YRU4IT. That’s true but it doesn’t answer the question.
Abstinence is Murder, Are you sure that’s what the law says? Surely Obama could change it with a stroke of his almighty executive pen!
Pat. The conservationists are right about the bird killings.

Windmill Farms answers:

Because they violated the Migratory Bird Treaty Act, Duke Energy Renewables acknowledges that it constructed these wind projects in a manner it knew beforehand would likely result in avian deaths.

Since the first wind farms were built a lot has been learnt on how to minimise the number of birds killed and these deaths can be kept at a minimum if those building them follow the guidelines and laws..

The whole purpose of switching to alternative energy is to protect the planet for all of the life we share it with, every species has intrinsic value regardless to its usefulness to humans. There are many examples of how an ecosystem can be damaged when one species is removed.

What is the point in saving the planet if we have killed off all the beautiful animals we share it with, especially when just by following the laws which are laid down we can avoid it.

No body should be above the law, if I break the law I expect to be punished, why should the largest electric power holding company in the United States, with assets in Canada and Latin America be any different.

Donna asks…

I want to invest in wind energy, but am not sure where to put my money.?

I want to invest in the wind energy industry, but I am not sure where would be the best place to put my money.
turbine manufacturers?
consulting firms?
development firms?
construction firms?

Which “component” of the wind energy industry is the smartest place for my money?

Thank you

Windmill Farms answers:

If you want to speculate I suggest AMSC. High risk.

American Superconductor Corporation, an energy technologies company, together with its subsidiaries, provides an array of solutions based on two proprietary technologies, programmable power electronic converters and high temperature superconductor (HTS) wires. Its products, services, and system-level solutions enable generation, delivery, and use of electric power. The company’s AMSC Power Systems segment produces products to increase electrical grid capacity and reliability; supplies electrical systems used in wind turbines; sells power electronic products that regulate wind farm voltage to enable their interconnection to the power grid; licenses proprietary wind turbine designs to manufacturers of such systems; provides consulting services to the wind industry; and offers products that enhance power quality for industrial operations. Its power electronic devices include power electronic converters and thyristor switches; and grid reliability, power quality, and grid interconnection systems consist of Dynamic VAR, Static VAR Compensators, Power Quality-Industrial Voltage Restorer systems, and Power Quality Static VAR compensators; and wind turbine designs and services include design and development, customer training, and support, as well as wind turbine electrical systems and components. This segment offers its products to the transmission and distribution, wind power, and manufacturing industries through manufacturer’s representatives. Its AMSC Superconductors segment manufactures HTS wire and coils; designs and develops HTS products, such as power cables, fault current limiters, and rotating machines, such as motors, generators, and synchronous condensers; and manages large-scale HTS projects, such as HTS power cable system design, manufacturing, and installation. This segment sells its HTS wire to original equipment manufacturers through direct sales force and distributors. The company was founded in 1987 and is headquartered in Devens, Massachusetts.

Daniel asks…

What Wind Energy Company Has The Most Potential Future Growth?

the ticker symbol and explain please.

Windmill Farms answers:

That is kind of a loaded question. It’s sort of like asking how many apples will grow from a given apple seed. In tough times like these especially, but anytime you want the company with the strongest balance sheet. Look at a company’s past earnings, and see who is growing them the fastest. To my knowledge all the purely wind companies aren’t making money on their own. They are relying on government subsidies. I think GE (general electric) has some patents relating to wind turbines. I don’t think they sell the wind energy, but I think they do sell the turbines. You might want to check to make sure though, because my memory fails me sometimes. Good luck in your quest.

Helen asks…

DO you think wind energy is viable if govt. stops extending subsidies ?

Windmill Farms answers:

Subsidies for wind? Do you mean the TAX BREAKS? There are NO subsidies for commercial wind turbines. They are allowed to have tax breaks however. Of course so is every single homeowner in the U.S.A. Every homeowner can write off the interest paid on their home on their taxes….a tax break!

Cool, huh?

Nope, sorry, wind and solar, only tax breaks, no subsidies. To look for subsidies from the Government you need to look at the nuclear, coal, and oil industries….THEY receive millions (if not billions) in actual subsidies.

Subsidies means the tax payers (We The People) have money taken out of your taxes and sent as a big fat check to the nuclear, coal and oil industries.

Gives you a big warm fuzzy feeling to know that you pay at the pump, AND via your taxes to the oil companies, huh?

Permaculture homesteading/farming over 20 years
Husband worked in the wind turbine industry

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