Grey Highlands project cancelled: is Big Wind’s Gold Rush over?

Samsung Belle River project racing for completion: Ontario doesn’t need more wind power. Is the Gold Rush over?

Last week, Wind Works Power announced it has cancelled the Feed In Tariff (FIT) contract with the Independent Electricity System Operator for its Cloudy Ridge wind power project, to have been located in Grey Highlands.

The company, based in Germany, made this statement in its news release:

Given that the government of Ontario recently cancelled the previously repeatedly announced second bidding process for up to 850 MW renewable energy, and given the loss incurred by Cloudy Ridge due to repeated governmental uncertainties, Wind Works has decided to terminate any activities in the uncertain and unpredictable Ontario renewable energy market.

Wind Works also claimed that it had planned to “invest” $300 million in Ontario, but will not now due to cancellation of further wind power procurement and government “uncertainty.”

The Auditor General for Ontario has stated that Ontario has paid far too much for wind power and that in fact, the citizens of Ontario overpaid by as much as $9 billion.

A commentary published by the Council for Clean and Reliable Energy noted that Ontario has a surplus of power and that because wind power is produced out of phase with demand in the province, as much as 70 percent of wind power is unusable. Of the remained, little of it actually gets to areas in the GTA and southern Ontario where it is needed.

Wind Concerns Ontario received documents earlier this year indicating that the Ministry of the Environment and Climate Change has failed to address reports of excessive noise and vibration. The Ministry’s own staff documented concerns with existing regulations regarding noise levels and setbacks.

Five more wind power projects received contracts in 2016 and are now proceeding through the approval process.

“These projects are not needed,” says Wind Concerns Ontario president Jane Wilson. “If approved and allowed to proceed, they will add $3.3 billion in costs to Ontario electricity customers’ bills for intermittent and unreliable power that also has significant negative impact on the environment and human health.”

contact@windconcernsontario.ca

 

Comments

Notinduttondunwich
Reply

Omg!!! Is some one out there actually waking up from their electrical coma!!! This is great news for everyone!!! The fact that some one has even recognized what a sh!tshow the lieberals are running is refreshing!!! Tell your local MP & MPP that your #1 issue for the election in 2018 is the lieberals hydro portfolio!!!!

Wind Concerns Ontario
Reply

What is happening here is that the Gold Rush is over and these companies (like Samsung that was not even in the wind power business before it saw subsidy gold in Ontario) are realizing that the days of above market contracts with guaranteed income for 20 years is over. It was never about the environment or saving the world and keeping asthmatic children out of hospital.
It was money.
Wind power is one of the few parasites that actually kills its host.

Sommer
Reply

The connection between subsidy addicts and organized crime is being realized through this nightmare in rural Ontario.

Barbara
Reply

Notinduttondunwich,

Try internet search: Dick/Richard Durbin + Invenergy?

Cosmos
Reply

Since Germany can hardly meet its own wind power commitments and is forced to build coal fired plants to meet its own demand, I would expect German companies to work flat out in Germany. Why we have a German company “investing” in Canada? Are the Germans, Danish etc., keeping up appearances of clean energy while their companies are milking the electricity consumers of the world?

Wind Concerns Ontario
Reply

Simple. Easy money. Lots of it. Guaranteed income. Some wind contracts in Ontario were at least double the prices paid in other markets and according to Marc Brouillette of Strategic Policy Economics, the wind contracts were FOUR TIMES what we paid for other sources of power. The value of those companies was in those contracts which is why you are now seeing ownership being flipped as companies get out.

Barbara
Reply

Short-term investments to begin with. Develop then sell-out and use the money to build more wind projects else where.

Sommer
Reply

We’ll start seeing more of these wind companies going to developing countries as their last resort.

Joejoe
Reply

The press release use the words “uncertain and unpredictable”. Sounds like electrical generation using wind power.

Sommer
Reply

With this good news, can we hope that the threat of more turbines in Huron County might also be over?

Bert Zegers
Reply

Maybe Wind Works Power just didn’t donate (enough) to the Wynne Liberals?

Notinduttondunwich
Reply

Big round of applause to residents of Chatham Kent and Water Wells First!!!! Congradulations in shutting down the pile driving that is contaminated the aquifer in chatham kent!!!! We are all behind you!!! Lets get some people down there to support these folks!!! Good job!!!

Louisa mcCutcheon
Reply

To Bad that they would not listen to us

Barbara
Reply

UNEP FI, North America: Includes Canada and the U.S.

Includes specific UNEP FI goals.

Click on: Financial institutions based in North America which are UNEP FI Signatories.

http://www.unepfi.org/regions/north-america

Barbara
Reply

The Economist, Nov.17, 2009

“Triple Bottom Line”

First “coined” by John Elkington in 1994.

“It consists of three Ps: profit, people and planet”

More at:
http://www.economist.com/node/14301663

Barbara
Reply

UBC / University of British Columbia

Dissertation, October, 2016

For-Profit, Non-Profit, and Hybrid:
The Global Emergence Of Legally ‘Good’ Corporations
And The Canadian Experiment

Chapter 2 p.67: Critiques to Shareholder Primacy and Limits to Reform

P.70, 2.1.1, Stakeholder Theory and CSR (Corporate Social Responsibility)

P.83, 2.1.1.2, Socially Responsible Investment (SRI)

Pp.85-90, UNPRI launched in 2006. UN Principles for Responsible Investment.

https://open.library.ubc.ca/media/download/pdf/24/1.0319335/4

Provides explanation of what these issues are about.

Or internet search for this dissertation.

Notinduttondunwich
Reply

Louisa are you from chatham kent county???

Stan Thayer
Reply

Must be nice to lie and deceive and expect elected officials to join in the rape of taxpayers! The CANWEA people know what they are promoting because many of us have tried to tell them but what other type of gainful work can over educated idiots do?
I cannot help but yell with joy when any wind company states they are not going to spend 300 million of my dollars to improve my life!
I heard the other day that Kathleen Wynne is going to fill Amherst Island with windmills than turn it upside down and use them as propellers to tour the world.
Thank you so oooooooo much Jane Wilson.
Stan Thayer

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