A GREEN WINTER CASE By Ruchira Parikh - 128 Pallavi Srivastava Sarvesh Gatonde Ankit Bavishi - 02 Rohan Nayak - 61 Jigar Shah
A GREEN WINTER CASE
ByRuchira Parikh - 128Pallavi SrivastavaSarvesh GatondeAnkit Bavishi - 02Rohan Nayak - 61Jigar Shah
Introduction
Brian Fairbank CEO of Jimmy Peak Mountain Resort is worried about energy cost
Last year electricity cost increased from $0.11 per kWh to $0.16, an increase of almost 50%
Highly energy conservative Resort which used fluorescent bulbs, high efficiency lights & 0 energy gravity feed
Also, development of “guns” for snowmaking that would reduce energy consumption by 40%
It has also won an energy conservative recognition for saving 1 million kWh of energy
However, Fairbank is now looking for a more ambitious energy reduction initiative, thereby roping in wind power as a source
The wind turbine project proposal
Fairbank knowing the Berkshire mountains are windy during the winters decided to investigate the feasibility of erecting wind turbines to put the wind to profitable & green use
This initiative would be in line with Fairbank’s corporate mission to protect environment & also undertake green marketing
The implementing of this wind turbine has been outsourced to SED with a fee of $1,57,000
It has also won an energy conservative recognition for saving 1 million kWh of energy
A grant of $15,000 has been received from the Massachusetts Technology Collaborative to offset part of the cost of the formal feasibility study
• Jiminy Peak(1948) – Skiing and snowboarding resort in south New England
• Spread across 170 acres, 45 skis and snowboard trails, 3 terrain parks, 9 lifts etc
• Operates in all four seasons and attracts about 250k visitors annually with around 100k during summers
Jimmy Peaks
• Jiminy peaks consumes about 4.5 million kWh(kilowatt-hour) electricity during winter(60% of total)
• Solution offered by GE- 1.5MW capacity wind turbine in a year– Purchase and installation : 3.9million $
Economics of harnessing the wind
• Bank loan of 3.3million$ @7.3% interest rate for 10 years
• Grant from Renewable energy trust(Massachusets) :$ 582k
• Concerns for the management– Acceptance by the local community: Aesthetics and
environmental concerns– May not be happy for large structures being installed
on top of the mountains– Road congestion and Noise during the Building of
turbines
What Jiminy peaks has:
• Supplies about half of electricity required in winters• Cost savings from buying 2.3 million kwh fever per
year• Excess electricity could be sold for $161k per year• Sale of valued REC(renewable energy credits) to third
parties– Valued $166667 per year for 10 yrs
• Benefit of $46k per yr- renewable energy production tax credits for 10 yrs
• Additional cash flows of $100k (open 2-4 weeks early because of cheaper snowmaking)
Benefits to jiminy Peaks
Wind energy is friendly to the surrounding environment, as no fossil fuels are burnt to generate electricity from wind energy.
Wind turbines take up less space than the average power station. Windmills only have to occupy a few square meters for the base, this allows the land around the turbine to be used for many purposes, for example agriculture.
Newer technologies are making the extraction of wind energy much more efficient. The wind is free, and we are able to cash in on this free source of energy.
Wind turbines are a great resource to generate energy in remote locations, such as mountain communities and remote countryside. Wind turbines can be a range of different sizes in order to support varying population levels.
Another advantage of wind energy is that when combined with solar electricity, this energy source is great for developed and developing countries to provide a steady, reliable supply of electricity.
Q2: Environmental advantages of wind turbines
Q3: Disadvantages of wind turbine project
The strength of the wind is not constant and it varies from zero to storm force
Many people feel that the countryside should be left untouched, without these large structures being built
Wind turbines are noisy
Many people see large wind turbines as unsightly structures and not pleasant or interesting to look at
When wind turbines are being manufactured some pollution is produced
Q4: Other Factors
Blocking routes of birds
Wind turbines provide more of a negative effect to bats
No wind turbines should be placed near existing houses or buildings
Large wind farms are needed to provide entire communities with enough electricity
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