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What The Pickens Fiasco Means To Green
Forbes ^ | 07.08.09 | Andy Stone

Posted on 07/08/2009 10:05:03 AM PDT by Ben Mugged

The White House would be wise to learn the lessons of T. Boone Pickens' wind-power failure.

On Tuesday, Texas oilman and energy security proselyte T. Boone Pickens announced that he will delay, and likely permanently scuttle, plans for a 687 turbine wind project in the Texas panhandle.

The demise of the project, which was supposed to be the largest in the world at a rated generating capacity of 1,000 megawatts, came when Pickens discovered he couldn't raise money to build transmission lines to carry wind energy from his remote 200,000 acres to big cities that would consume the power.

Pickens had obviously hoped to become the poster child for wind. Instead, his Texas experiment is now a cautionary tale on the critical role of transmission to wind development. He's stuck with $2 billion worth of General Electric ( GE - news - people ) turbines, which he hopes to move to smaller projects throughout the Midwest and Canada. He's also decided to wait for the government to build transmission to carry wind power in Texas.

Transmission is a critical and often overlooked component to making green energy work, particularly because wind and solar resources are often located in rural areas far from major transmission backbones.

(Excerpt) Read more at forbes.com ...


TOPICS: Culture/Society; Government; US: Texas
KEYWORDS: agw; energy; green; greens; pickens; solarpower; windenergy
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Wind power was never a solution as much as a business opportunity.
1 posted on 07/08/2009 10:05:03 AM PDT by Ben Mugged
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To: Ben Mugged

Scary when someone that smart can be fooled and defrauded by the likes of Algore and GE (and NBC), who are laughing all the way to the bank with T. Boone’s money.


2 posted on 07/08/2009 10:08:49 AM PDT by La Lydia
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To: Ben Mugged

It was a good idea . . . . for Pickens pocketbook if the taxpayer picked up significant portions of the cost. It was conceivable he could have made a profit doing it at this scale (he already owns the land) but he wanted to insure mega-bucks with taxpayers paying for right-of-way rights for transmission and line costs.


3 posted on 07/08/2009 10:09:51 AM PDT by BipolarBob (It takes a Kenyan village to raise a US president.)
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To: Ben Mugged

This is typical of the liberal, mindless influence. They NEVER consider the consequences, or real needs, for their insane, emotional, hand-waving ideas.

On top of that, the scams will continue. So will the attempts to legislate technology into existence that DOES NOT EXIST.


4 posted on 07/08/2009 10:11:33 AM PDT by EagleUSA
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To: Ben Mugged

The greens are pointing to the huge wind projects planned in China. China’s wind projects are much larger than the Picken’s project. Many articles are touting the Chinese projects without any critical analysis about the costs and risks. I believe that the Chinese want to build large wind projects to appease the GW warming threats from the US and EU. The Chinese will say that even though they cannot adhere to CO2 limits, they are building large wind farms.


5 posted on 07/08/2009 10:12:21 AM PDT by businessprofessor
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To: Ben Mugged

Too bad he didn’t toss some of that money to focus fusion research:

http://www.focusfusion.org/

It would’ve had a much better chance at success and would’ve required much less money.


6 posted on 07/08/2009 10:13:05 AM PDT by Brett66 (Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
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To: Ben Mugged

LOL, you mean that guy who was running all those commercials on TV failed?


7 posted on 07/08/2009 10:13:53 AM PDT by icwhatudo (For every clinic bombed or burned, 17 to 18 churches are burned down. MSM? MSM?)
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To: Ben Mugged

The amazing thing is that if you took any energy engineer...and laid out all these plans...he would have identified the issues way ahead and made the Pickens project in tiny steps.

I watched an interview about two years ago with Pickens going into detail about his “vision”...and I kept thinking that he really didn’t grasp much about this whole game except that it was “the way of the future”. I remember thinking about this vision of his and wondering if he understood the various little factors in how wind energy had limits and it tended to be local.


8 posted on 07/08/2009 10:14:04 AM PDT by pepsionice
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To: Ben Mugged
Transmission is a critical and often overlooked component to making green energy work, particularly because wind and solar resources are often located in rural areas far from major transmission backbones.

With its resulting transmission losses, making wind and solar even less efficient.

9 posted on 07/08/2009 10:16:00 AM PDT by Yo-Yo
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To: Ben Mugged
They want to put these ugly contraptions where the conservatives live to supply power to where the liberals live, they would never put these in ANWAR.

Image and video hosting by TinyPic

10 posted on 07/08/2009 10:16:46 AM PDT by ansel12 (Romney (guns)"instruments of destruction with the sole purpose of hunting down and killing people")
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To: Ben Mugged

He should have gone with nuclear instead — if he can’t get the right of way for long transmission lines, no problem; just put the plants right next to the cities that use the power.


11 posted on 07/08/2009 10:17:42 AM PDT by steve-b (Intelligent design is to evolutionary biology what socialism is to free-market economics.)
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To: Ben Mugged; rdl6989; Little Bill; IrishCatholic; Normandy; According2RecentPollsAirIsGood; ...
Jason Lewis, substitute host for El Rushbo, August 11, 2008 on the E.I.B Network:

"The federal government has to subsidize windmill production through production tax credits of about 1.8¢ per kilowatt. Wind Farms also receive an accelerated depreciation. Wind farms are also land intensive. They produce a fraction of the energy of a traditional power plant but they require 100 times the acreage.

From the National Center for Policy Analysis: to produce a 1000 megawatt power plant a wind farm would require 192,000 acres or 300 square miles. A nuclear plant would need about 1700 acres (or 2.65 mi2), and about 3 mi2 for a coal fired power plant. The transmission lines for the wind turbines would be massive, 12,000 miles just for the array."

 

 




Beam me to Planet Gore !

12 posted on 07/08/2009 10:18:57 AM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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To: La Lydia

He wasn’t fooled. More like being squeezed.


13 posted on 07/08/2009 10:19:21 AM PDT by freekitty (Give me back my conservative vote.)
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To: Ben Mugged

I always believed that the best way to harness wind is to build smaller units that can be attached or hung from windows in skyscrapers. No need for transmission lines.


14 posted on 07/08/2009 10:20:46 AM PDT by chopperman
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To: businessprofessor

Wind and solar both are years away from being viable, and cost competitive with oil and natural gas.

We have plenty of energy to be found off shore and in Alaska. The government won’t let the oil companies develop it.

The problem with wind is that when the wind is not blowing, no energy. If the sun is not shining, very little solar is produced. That is because we don’t have batteries to store large Watts of power.

If cap and tax passes, we will have to have 20% of our power produced by renewables by 2014. What do you think happens then when the wind stops blowing and the clouds cover the sun? 20% of the power grid will be shut down or brown out. The power company won’t cut off it’s largest customers, (businesses) they will cut off the power to your house...................till the wind starts blowing again. (think 97 degree day or 15 degree day)

That is why power companies won’t even ACCEPT more than 2% of their power from wind or solar at this time.


15 posted on 07/08/2009 10:20:51 AM PDT by RRTJSP...........
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To: Ben Mugged

Reality rears its ugly head once again in the land of high-school science drop-outs.


16 posted on 07/08/2009 10:23:08 AM PDT by catnipman (Cat Nipman: Made from The Right Stuff)
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To: freekitty

“He wasn’t fooled. More like being squeezed.”

TBP is a major player in natural gas. He was looking for a way to convince all vehicles to run in natural gas instead of gasoline. The wind turbines were along for the ride.


17 posted on 07/08/2009 10:25:41 AM PDT by TWohlford
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To: Ben Mugged

I expected this to be a failure last year when Pickens was all over CNBC promoting his “plan”. Any investor could see it was doomed to fail.

Pickens tries to portray himself as some savvy oilman that has seen the “green” way. But no one reports on how he has invested hundreds of millions of dollars in this speculative gamble, that if it paid off, would enrich him many times over. This guy is nothing but a speculator, much more like a lobbyist than an oilman.

The only thing in his energy plan that makes any sense is his push to use more nat gas. That is smart given the US reserves of nat gas and the ability to actually convert cars, trucks, trains and ships to nat gas, as well as building electrical plants that run on nat gas. That is the only thing that will reduce dependence on foreign oil. Oh, and of course drilling here and drilling now!

I remember going to the Big Island of Hawaii a few years ago. Now there is one place that you would think could use wind power. I mean an island, thousands of miles in the middle of the ocean, with West-East trade winds blowing all the time. No need for expensive transmission costs.
So I wasn’t surprised when we went into the back country to visit a secluded beach and saw a windmill farm. There were dozens of Mitsubishi turbine windmills. What was surprising was that they were all rusting, not turning and broken down in disrepair.
So I asked some locals about where they get their power. The have a gas fired electrical powerplant on the island and they ship in the gas on big tankers.
So, my point is that if an island with a very small poplulation and no natural resources and a high cost to import natural resources cannot make wind power economical, where can it be economical?


18 posted on 07/08/2009 10:28:59 AM PDT by SDShack (Obamanomics = Economics + Moronics)
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To: RRTJSP...........
The power company won’t cut off it’s largest customers, ...

Power companies already cut off their largest customers - those customers agree to be interruptable in exchange for lower rates.

19 posted on 07/08/2009 10:31:38 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Ben Mugged

Environmentalists are blocking the construction of new transmission lines in northeast South Dakota that would also carry electricity from numerous wind farms in the area.


20 posted on 07/08/2009 10:32:07 AM PDT by The Great RJ ("The problem with socialism is that you eventually run out of other people's money." M. Thatcher)
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To: chopperman

Or on your house.

Http://www/helixwind.com/en/


21 posted on 07/08/2009 10:33:13 AM PDT by UCANSEE2
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To: Ben Mugged

I hope Pickens goes broke and loses every last penny he has to his name.


22 posted on 07/08/2009 10:34:17 AM PDT by Boiling Pots (B. Hussein Obama: The final turd George W. Bush laid on America)
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To: pepsionice
the way of the future”.

I always laugh when people talk about windmills as the "future". Aren't they actually "the past"?

23 posted on 07/08/2009 10:34:17 AM PDT by LibertarianLiz
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To: Ben Mugged

however, the problem that pickens ran into is precisely one that the obama administration has vowed to solve.

This kind of public failure makes the admin look very bad in their core policies.

I wouldn’t be surprised if the feds stepped in and ponied up the money for the transmission lines.


24 posted on 07/08/2009 10:35:39 AM PDT by ckilmer (Phi)
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To: Ben Mugged

25 posted on 07/08/2009 10:36:03 AM PDT by Donald Rumsfeld Fan (Sarah Palin: Iron Lady of the North)
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To: La Lydia

I saw him last night on Glen Beck. Was he “fooled,” or was he trying to con the feds into giving him $20 billion-—or at least underwriting it? That’s how I see it: he never believed that wind per se would be profitable, but if you could get da gubment to force people to use wind . . . .


26 posted on 07/08/2009 10:36:25 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: steelyourfaith
Nice Facts- and here is another one. FACT- Fascist environmentalist love the idea of wind energy, but they would have fought T-Bones tooth and nail on "environmental concerns" over the transmission lines. This article failed to mention that investors where afraid the environmental brown shirts where prepared to litigate the transmission lines for 50 years. POOR T-Bones, it cost him 2 billion in GE wind turbines to learn that enviormentalist do not care about the environment, they care about controlling people's lives. EXPENSIVE LESSON.
27 posted on 07/08/2009 10:37:38 AM PDT by 11th Commandment (Proud Member of the DHS radical list since Jan 20, 2009)
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To: LS

Then has has been outed as a liar.


28 posted on 07/08/2009 10:38:14 AM PDT by La Lydia
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To: Ben Mugged

“Pickens had obviously hoped to become the poster child for wind.”

Oh, he’s still the poster child alright. So much hot wind.

I guess without massive federal subsidies for transmission, wind might be a boondoggle.


29 posted on 07/08/2009 10:39:14 AM PDT by FastCoyote (I am intolerant of the intolerable.)
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To: ckilmer
I wouldn’t be surprised if the feds stepped in and ponied up the money for the transmission lines.

I don't think it's just money. There are probably environmental objections and land issues all along the way.

30 posted on 07/08/2009 10:40:15 AM PDT by raybbr (It's going to get a lot worse now that the anchor babies are voting!)
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To: The Great RJ

And in Virginia also.

The huge irony of this is that the same people who “bleed green” and pine for these turbines will fight tooth and nail against the construction of the necessary transmission lines.


31 posted on 07/08/2009 10:40:44 AM PDT by EagleClaw
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To: glide625

Hey, maybe that’s why my past couple dealings with TBP have been so pleasant! They know wind is off the table and have to go back to the golden oldies.


32 posted on 07/08/2009 10:41:15 AM PDT by Xenalyte (Ma'am, we're not gonna go down there and enforce your Western Bacon Cheeseburger.)
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To: Ben Mugged
Pickens had obviously hoped to become the poster child for wind. Instead, his Texas experiment is now a cautionary tale on the critical role of transmission to wind development. He's stuck with $2 billion worth of General Electric ( GE - news - people ) turbines

Hate it when that happens!

33 posted on 07/08/2009 10:41:57 AM PDT by Walmartian
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To: La Lydia

That’s my take. I never thought the scheme was designed to make money in the market, only to produce a government buy-in.


34 posted on 07/08/2009 10:43:19 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: Boiling Pots

A businessman makes one bad investment and you wish ruin on him?

You realize that Pickens is a lifelong Republican and generous supporter of many conservative organizations?


35 posted on 07/08/2009 10:44:30 AM PDT by Arguendo
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To: Ben Mugged

ping


36 posted on 07/08/2009 10:45:02 AM PDT by truthguy (Good intentions are not enough!)
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To: Ben Mugged

“Boone Pickens Breaks Wind” would be a better headline...


37 posted on 07/08/2009 10:45:49 AM PDT by Buckeye McFrog
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To: La Lydia
laughing all the way to the bank with T. Boone’s money.

Pickens didn't lose much money, unless you count the billions that he failed to suck out of the taxpayers' wallets.

He tried to run a scam and, for once, Uncle Sucker didn't bite. Pickens lost his measly seed money, which he'll write off on his taxes.

38 posted on 07/08/2009 10:50:20 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: RRTJSP...........

We need to find a way to convert wind energy into liquid fuel. Then there would be no need to build transmission lines, and wind’s inherent variability would not be a problem.


39 posted on 07/08/2009 10:51:03 AM PDT by cynwoody
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To: 11th Commandment

Very good points. Thanks.


40 posted on 07/08/2009 10:51:49 AM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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To: Ben Mugged

It appears the leftist aka progressive treehuggers own rules are now killing the planet.
They talk an oilman into pushing a green so called renewable energy.
Then their own rules prevent this green so called renewable energy from being delivered to where it is needed.
This is the same group of people that give America the MTBE pollution bs.
This is the same group of people pushing to ban mercury for decades. Now they want Americans to use light bulbs containing mercury.


41 posted on 07/08/2009 10:54:40 AM PDT by DMG2FUN
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To: pepsionice
I watched an interview about two years ago with Pickens going into detail about his “vision”...and I kept thinking that he really didn’t grasp much about this whole game

The Pickens plan - from the very beginning - was to take money from the government.

You never heard Pickens "advertising" how he was going to make money from oil and gas. He didn't have to.

42 posted on 07/08/2009 10:55:04 AM PDT by FatherofFive (Islam is an EVIL like no other, and must be ERADICATED. Barack OBORTION is a close second.)
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To: 11th Commandment

With the alleged fall of communism (actually, they just swapped their uniforms for blue suits, tucked their pistols into their waistbands and changed their names — and darned if one didn’t move into the White House!), the Globull Elite needed a new BOOGEYMAN with which to frighten and control the dumb masses (say it fast for maximum effect): THE ECOLOGY and MAN CAUSED GLOBULL WARMING GOT THE NOD!

Oh yeah, I forgot the cool part about picking the pockets of the wealthier nations to enrich some of them and their leading drum major, Algore while bleeding the nasty old United States white. (PAGING ALGORE – PAGING ALGORE…call your banker — your multiple bank accounts are WAAAYYYY over the FDIC insurance limit!)

The elitists’ ultimate goal of all this man-caused GLOBULL WARMING HYSTERIA is to level the nasty old U.S. with the Turd World despotisms with which we are to be merged into their New World Odor (misspelling intentional) where TADA (trumpet fanfare here!), the GLOBULL ELITES will BE IN CHARGE.

Questions??


43 posted on 07/08/2009 10:59:03 AM PDT by Dick Bachert (HE)
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To: steve-b
He should have gone with nuclear instead — if he can’t get the right of way for long transmission lines, no problem; just put the plants right next to the cities that use the power.

Good idea. Here's a choice spot to supply Chicago.


Meigs Field 2003
Runways X-ed out with bulldozers in the middle of the night on Mayor Daley's orders.

44 posted on 07/08/2009 10:59:58 AM PDT by cynwoody
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To: Dick Bachert

see old song “Lawyers in Love”

“we’ve even go the moon...”


45 posted on 07/08/2009 11:01:46 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: La Lydia

no he was smart, he expected the government to do the eminent domain takings that would be required.

He needed to do it the old fashoined what that politicians would have bought land they KNOW would be taken for highways.


46 posted on 07/08/2009 11:04:07 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: La Lydia

Wind power is subsidized by our taxes.

We paid for this.


47 posted on 07/08/2009 11:06:25 AM PDT by <1/1,000,000th%
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To: SDShack
I remember going to the Big Island of Hawaii a few years ago....

I would think they could exploit thermal since they are sitting on magma pool.

48 posted on 07/08/2009 11:06:31 AM PDT by Vinnie (You're Nobody 'Til Somebody Jihads You)
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To: Ben Mugged

See this link for how wind farms mess up weather radar.

http://www.freerepublic.com/focus/f-news/2287639/posts


49 posted on 07/08/2009 11:07:26 AM PDT by blf1776 (Peepole, Peepole who need Peepole, are the luckiest Peepole in the world)
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To: chopperman
I always believed that the best way to harness wind is to build smaller units that can be attached or hung from windows in skyscrapers. No need for transmission lines.


Three 95-foot turbines suspended between the twin towers of the
Bahrain World Trade Center

50 posted on 07/08/2009 11:10:04 AM PDT by cynwoody
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