Scrap wind turbine content rules, GE urges

By Richard Blackwell, Globe and Mail
One of Canada’s biggest suppliers of wind turbines says content requirements that force companies to make renewable energy equipment in local plants are counterproductive and should be eliminated. Simon Olivier, general manager of sales for General Electric Canadian renewable energy business said in an interview that the content rules now in place in Ontario and Quebec are “not natural.” Read article

7 thoughts on “Scrap wind turbine content rules, GE urges

  1. Human Events, Oct.11,2011
    http://www.humanevents.com/article.php?id=46761, “Sun Power: Twice As Bad As Solyndra,”
    DISREGARD the U.S. politics but note that the solar panels are to be made in Mexico, the names of the banks, and the PENSION FUNDS that were lured into investing by the use of false statements

  2. Ah yes, we need more GE IWT’s so the “Windmill Banksters” cult of the great International Financial houses can make a few more euros and dollars.

  3. Mark Bell, please say it isn’t so: the Windy Companies want to change Dalton’s rules in the middle of the game. The Windys, apparent victims of the Liberal GEA, now want to play with cheaper materials sourced from … let me guess … China. Oh no, what about all those promised Ontario jobs? Gee, Barbara warned us that this was going to happen. Maybe General Electric wants to pick up their ball and go home.
    We can only wish.

  4. Wind Power Financing — read the conclusions:
    http://eetd.lbl.gov/ea/ems/reports/36122.pdf..

    Wind power is a “technology play.” The limited history of wind turbine technology in power
    generation applications creates substantial uncertainty for investors. The experience of
    development in the early 1980s was not sufficiently positive to give investors confidence that
    actual performance would correspond to predictions made by developers. Cox, Blumstein and
    Gilbert (1991) review this experience with particular emphasis on California, where most of
    the development occurred.(11) They report the substantial gap between performance levels
    promised to investors compared to those actually achieved.
    This history is widely known in
    the investment community, and represents a risk that appears to be priced by the equity
    markets.

    well yes…

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