CHICAGO, Ill., March 30 (SEND2PRESS NEWSWIRE) — In view of continued regulatory uncertainty in the State of Wisconsin a leading wind farm developer has announced that it has suspended development activity until a more predicable climate can be restored. Chicago-based Midwest Wind Energy, LLC (MWE) has been developing utility scale wind farms in Wisconsin since 2003 and has two of its developed projects operating; one a 54-megawatt project in Dodge County and the other a 67-megawatt project in Fond du Lac County. MWE is also developing a 98-megawatt project in Calumet County and another project which had not yet been announced publicly.
According to MWE President, Stefan Noe, it no longer makes sense to invest significant development capital in a state that appears to be closed to the wind energy business. “Most states are clearly open for renewable energy development and the economic development dollars and jobs that come with it. So long as there are states rolling out the welcome mat it doesn’t make sense to devote significant dollars to a state that is creating unreasonable roadblocks for wind development.”
Noe cites the recent suspension of PSC 128 by the Wisconsin Joint Committee for Review of Administrative Rules as the most convincing evidence that Wisconsin is not interested in working with the highly lucrative wind energy industry. PSC 128 was the culmination of almost 2 years of work by the Wind Siting Committee and resulted in some of the most restrictive and detailed wind siting rules in the country. Although restrictive, these rules created a workable compromise between the wind industry and a range of stakeholders.
“Our four projects alone represent more than $600 million of capital investment in Wisconsin and more than 400 construction jobs and 40 permanent high-tech jobs. The industry as a whole has the potential to be a multi-billion dollar industry for the state. These projects also generate millions in local landowner payments and local government revenues, cash flow that is sorely needed in Wisconsin’s rural communities.” Noe said.
Midwest Wind Energy, LLC is a leading developer of utility-scale wind farms in the Midwest and Great Plains with seven projects totaling 649 megawatts currently in operation. MWE has an additional 5000 megawatts of projects in its development pipeline.
News issued by: Midwest Wind Energy, LLC
Original Image: https://send2pressnewswire.com/image/Send2Press-Newswire.jpg
# # #
Original Story ID: 2011-03-0330-004 (6818) :: 2011-03-0330-004-Midwest-Wind-Energy
Original Keywords: Stefan Noe, Midwest Wind Energy LLC, suspension of PSC 128 by the Wisconsin Joint Committee for Review of Administrative Rules, wind development, utility-scale wind farms Midwest Wind Energy, LLC Chicago Illinois CHICAGO, Ill.
Alternate Headline: Wind Energy Development Activity in Wisconsin Discontinued by Midwest Wind Energy, LLC
NEWS ARCHIVE NOTE: this archival news content, issued by the news source via Send2Press Newswire, was originally located in the Send2Press® 2004-2015 2.0 news platform and has been permanently converted/moved (and redirected) into our 3.0 platform. Also note the story “reads” counter (bottom of page) does not include any data prior to Oct. 30, 2016. This press release was originally published/issued: Wed, 30 Mar 2011 18:58:10 +0000
Midwest Wind Energy, LLC