Wind Power Expansion In another step forward for wind energy, on March 25, 2016 the Department of Energy (“DOE”) approved Clean Line Energy’s Plains & Eastern Line transmission project, which connects wind power generation facilities in Western Oklahoma to the customers of the Southeastern United States. Construction is estimated to begin in 2017, and…
On Tuesday February 9, 2016 the Supreme Court, on a 5-4 vote, ordered a stay of the EPA’s Clean Power Plan. The Clean Power Plan, if implemented, could transform the US electricity system forcing many coal fired plants to retire and would increase production of “clean power” (primarily wind and solar). All fossil fuel power plants would be…
Introduction The cost-to-capacity method can be a very useful tool when developing elements of the cost approach in many valuations. It is a order-of-magnitude cost estimation tool that uses historical costs and capacity in order to develop current cost estimates for an entire facility or a particular piece of machinery or equipment [1]. The fundamental…
