Diapositiva 1

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Presented by Daniel E. DuBois
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Lessons Learned

• Developers dont fall in love with your
  projects
• What do I mean ?

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Lessons Learned

• Is your project doomed (and you dont know it)?
• Some clues
• Unrealistic economics
• The community hates it (or you)
• No transmission
• Its a money pit

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Unrealistic Economics

• Major components
• Scale
• Wind resource
• Capital costs (turbines BOP)
• Expected return
• OM (planned unplanned)
• Revenue

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Unrealistic Economics

• Create some practical guidelines
• Example (assumptions)
• Scale 50MW (land 100 acres /WTG)
• Wind 7 m/s (30 NCF)
• Installed costs 2,000 / MW installed
• OM 50-70k/WTG
• Projected return 9 IRR
• Revenue 80/mWh escalated at 2

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Unrealistic Economics
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Community relations

• Positive community relations is critical
• It is the root of every permitting process
• Is it not going well?
• Some clues
• Misinformation (rumors)
• Organized opposition
• Law suits

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Community relations

• What to do?
• Improve communication
• Regular local presence (local office)
• Town hall meetings
• Enlist supporters (land owners)
• Monthly newsletter

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Interconnection vs. Transmission

• Do you have interconnection problems ?
• Distance - On-site vs. miles
• Property rights
• Competition
• Do you have transmission problems?
• Deliverability standard
• Energy/capacity
• Curtailment

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Money Pit

• Is your project a money pit?
• Are you over budget?
• Unforeseen expenses
• Law suits
• Transmission studies
• Are you behind schedule
• Permitting delays
• Contingency planning

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Conclusions

• Evaluate development projects
• Objectively
• Realistically
• Often

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