News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Akron Children's Hospital

Wayside Furniture

Cedar Point


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Government


After losing federal funding contest, wind farm advocates craft Plan B
LEEDCo says project is still viable despite state decision to freeze green energy requirements for utilities
Story by JOANNA RICHARDS


 
In The Region:
Despite losing out on major federal funding last month, a nonprofit group trying to build a wind farm in Lake Erie says it’s now shaping up a Plan B to realize its goal. For Ohio Public Radio, WCPN's Joanna Richards reports.
After losing federal funding contest, wind farm advocates craft Plan B

Other options:
Windows Media / MP3 Download (1:19)


The Lake Erie Energy Development Corporation, LEEDCo for short, says it’s reworking aspects of its wind farm proposal after failing to finish in the top three slots of the U.S. Energy Department’s competition. 

If it had, it would have been among three offshore wind projects to get a $47 million check from the federal government to start building. Now, it’s rethinking its strategy.

LEEDCo spokesman Eric Ritter says, "We’re working to make the business case for the project.” He was taking part in an event with green and labor groups in Edgewater Park.

Ritter says in its financial planning, LEEDCo factored in no public incentives. So even with the state deciding this week to freeze green energy requirements for utilities, he says the project is still viable.

“We’ve got full funding to complete the engineering design, we’ve submitted permit applications, we’ve got commitments to sell all of our power, we have a number of banks that are interested in financing the project. These are all really strong fundamentals.”

Ritter says the nonprofit has been too focused on winning federal funding for the last two years to fully explore private financing at the same time. And it shaped its previous proposal around federal requirements.

Now, LEEDCo is looking at how it can cut costs and make the wind farm more attractive to private investors.
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook



Stories with Recent Comments

Ohio Supreme Court hears arguments on school funding
That's not true. Other school districts HAVE followed this law and done this. Oakhills is one of them and how they were able to provide technology for their s...

Death and beauty at Cleveland's Museum of Contemporary Art
What a disgusting story to air at lunch time.

Ohio Supreme Court grills attorneys on flooding and million-dollar fixes
Perhaps the State of Ohio should take the lead and implement state wide water shed districts that would collect minimum fees. The funds could then be distribute...

More Ohio schools are adding STEM + arts to come up with STEAM
STEM is Science, Technology, Engineering and Math. Not Education! Your first sentence and intro to this article is incorrect. Please correct this inaccuracy....

Body found in Brecksville park identified as Hillary Sharma
When will we learn the cause of death? We live here and if there's foul play, we have a right to know.

FitzGerald isn't giving up, but many Stark voters are worried, wary and weary
SB5 stands for "Snow Ball 5" because voters have about a snow ball's chance of remembering what it was.

Columbus groups are trying to pass a Bill of Rights to combat fracking
Its about time we make a stand against the criminal actions of an entire Indsutry.

Crystal Ball says Ohio governor's race is done
How much is the Kasich campaign paying you to keep repeating the phrase "woman who is not his wife"? Fitzgerald was in the car with a friend who happens to be f...

Plane that crashed killing Case students is a popular training aircraft
The following is incorrect. The last few words should read "UNDER maximum gross take-off weight." “They have a normal take-off speed and all those take-off...

Exploradio: The never-ending war against superbugs
Super Federico ,we are so proud of you ,and very lucky to be among your friends . Keep it up human kind needs people like you to survive .Thanks for being so d...

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University