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Modest Wind Farms Play Better With Expiring Cash Grants and Credit Crunch

| Written by John Farrell | No Comments | Updated on Nov 15, 2010 The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/modest-wind-farms-play-better-expiring-cash-grants-and-credit-crunch/

Federal tax credits for wind energy projects are due to start expiring at the end of this year, which means developers face the prospect of dishing up proposals for wind farms that can’t be financed, said White, president of Project Resources Corp., a Minneapolis company that does ‘community wind’ development.

The answer, he and others in the community wind industry say, is to go smaller. Smaller projects, which are a hallmark of most community wind projects, are easier to finance and easier to connect to the power grid, they say.

Ironically, the smaller projects (5-20 megawatts) are also the least expensive per kilowatt of capacity

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About John Farrell

John Farrell directs the Energy Democracy initiative at the Institute for Local Self-Reliance and he develops tools that allow communities to take charge of their energy future, and pursue the maximum economic benefits of the transition to 100% renewable power. More

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