Twin Groves Wind Farm Bloomington Moraine McLean County, Illinois

1
Twin Groves Wind FarmBloomington Moraine McLean
County, Illinois

• A Strong Beginning for Illinois Wind
• Robert Nagel
• robertn84_at_gmail.com

2
Project Overview

• Phase 1 120 Turbines
• As of 4/28/07 64 Operational Turbines
• Phase 2 120 Turbines
• Totals 240 Turbines 400 Megawatts 120,000
  homes
• Spans 50 square miles
• 1,500 ft from living spaces
• 500 ft from highways
• 450 ft from county roads
• 700 Million Project Cost
• About 12 year Payback period

3
(No Transcript)
4
Tools for Project Estimates

• Wind Class
• Local Wind Rose
• Site Specific Measurements
• Turbine Details
• Economic Climate of Illinois Electricity Markets

http//www.iira.org/pubsnew/publications/IVARDC_Re
ports_614.pdf
5
2002-2007

• Horizon Launches Idea to Landowners
• Informational Dinners Private Meetings
• Authorize Test Towers at proposed sites
• Federal Production Tax Credit
• 1.8 cents per KWh for 10 years
• Positive Test Data
• 17 mph _at_ 80 m
• Capacity Factor 35-39 means producing the rated
  power that of time
• Make some sort of electricity over 91 of the
  time

6
Vestas V-82 1.65 MW

• Denmark
• Blades, Nacelle, and Rotor
• Flown to Louisiana, Railed to Bloomington,
  Trucked to Sites
• Hub Height 80 m
• Blade Diameter 82 m
• Cut In 7-9 mph
• Cut Out 55 mph
• Active Pitch Control
• Yaw Mechanism

7
Transmission

• New Construction
• 103 Miles Underground
• Cables
• 12 Miles Surface Cables
• 1 Million per Mile
• 2 Step Up Substations
• Local Transmission
• Regional Transmission
• ComEd Lines

8
Down on the Farm

• Warren and Betty
• 6 Turbines
• Receive Lease Payments
• 5,100 per turbine, per year
• payments increase with Consumer Price Index
  Inflation
• Land Options
• Leasing Similar to a fuel cost
• Buying Higher Capital Cost
• Limited Liability Corporation (LLC)

9
Illinois 2006 Electricity Generation 16,444
GWh 2007 Electricity Generation 18,251 GWh 11
Increase
Energy Information Administration Table 1.6.A.
Net Generation by State by Sector, January 2007
and 2006
http//www.eia.doe.gov/oiaf/aeo/pdf/trend_2.pdf
10
Political Conditions

• Renewable Portfolio Standards (RPS)
• Non-mandatory Goal of 8 in 2013
• Solar Water Heat, Solar Thermal Electric,
  Photovoltaics, Landfill Gas, Wind, Biomass,
  Hydroelectric, CHP/Cogeneration
• 75 from Wind

11
Conclusions

• Pursuit Yankee Ridge
• Land Owners
• Site Specific Data
• Proximity to Grid Transmission
• Politically Encourage Wind Power
• Mandatory Renewable Portfolio Standard
• Federal Tax Reduction Credit
• Carbon Tax