Across New England, there's currently less than 150 megawatts worth of wind turbines installed and operational. That's small change compared with what's happening in places such as Texas and California. But it's a whole lot more than existed just a few years ago — and, if trends continue, a whole lot less than what will exist a few years from now.
The Phoenix e-mailed Vamsi Chadalavada, senior vice-president and chief operating officer of ISO New England, the nonprofit company responsible for overseeing the region's electrical grid, to ask him how he sees wind power fitting into in the northeast's renewable energy future.
How would you describe New England's wind resources?
Today, wind and other renewable resources make up just a fraction of our region's resources, but the development of these resources has the potential to skyrocket. Developers have expressed initial interest in building approximately 3100 megawatts of new, renewable resources in New England. Wind makes up about 85 percent of those proposed renewable projects in the region.
I'm guessing we can never be a player in the wind industry on the scale of, say, Texas?
That all depends. Texas appears to have on the order of about 7000 megawatts of wind resources (Source: Wikipedia). Though New England's system today has approximately 100 megawatts of wind resources, our region has tremendous potential for onshore and offshore renewable resource development. To realize this potential, policy, and price are key.
Renewable requirements across the six New England states are projected to increase from nearly 10 percent of total energy in 2009 to 19 percent in 2020. Over the past 10 years, investment in new supply has been concentrated almost exclusively on large, natural-gas-fired power plants. Although we expect natural gas to play a prominent role in our resource mix going forward, policies such as this are creating a growing interest in developing wind and other renewable resources.
The cost of fossil fuel is another factor that will determine to how much wind is built here. Wholesale electricity costs track closely to the cost of the fuels used to produce it. As the cost of oil and natural gas fluctuates, developers will have to assess whether the investment climate makes wind economically attractive to build.What can we reasonably expect from wind power as a way to meet our energy needs?
New England's six governors have asked just that very question, requesting ISO New England's assistance in creating a regional blueprint for the development of renewables.
ISO New England is providing technical support to the states in the governors' initiative to create the New England Governors' Renewable Energy Blueprint. Through this process, regional policymakers hope to identify the available sources of renewable energy both here and in neighboring regions, and determine the most effective means to connect those resources to our power grid.