What to know about the $1.5 billion wind energy boom in the Tundra
In November, we announced our first ever “Wind-Up” program for the state of Alaska.
Our goal is to make the Wind-Up program a reality for everyone by the end of 2019, and it has already begun.
In the next six months, we will spend up to $1 billion on wind power projects in Alaska.
The Wind-Ups have been designed to encourage investment in clean, low-carbon energy sources.
We are launching this program in Alaska to encourage more investment in wind energy, as well as to help the state become energy independent.
To help you make informed decisions about what is right for you, we are releasing the first ever wind-up program in the state.
Here’s what you need to know: What is a Wind-UP?
A Wind-up is a program that lets a company invest in renewable energy projects in the United States.
Wind-ups are targeted to small-scale projects that will be able to produce a net energy benefit of $1 million or more in the first year.
They don’t involve a massive amount of capital investment and typically start small and work their way up.
In some cases, Wind-ups are also geared toward low-income communities.
In Alaska, we want to get as much wind power as possible into our communities, so we are developing a wind-ups fund that will give every Alaskan community access to wind energy financing.
In 2019, we expect that Wind-ums will be used to help offset some of the costs of renewable energy, and we will work with the state to set aside $100 million in each year to help with that.
How is a wind power project funded?
Wind power projects are funded through the Alaska Energy Investment Trust Fund.
We want to build a fund for the entire state, so it will be focused on renewable energy.
Wind projects can include wind turbines, wind turbines and offshore wind farms.
Projects are typically funded through a combination of direct funding, state bonds, and contributions from the public.
What happens after a wind up?
Once a windup has been established, it’s up to the owner of the project to choose whether to continue it.
The first windup is designed to be a “seed” project, and the next windup will be an “endowment” project.
The windup fund is designed so that every Alabamian has access to access to funds to make investments in renewable power projects.
In a windy state like Alaska, you want to start small to ensure that you’re getting the best bang for your buck.
But once a wind project has been funded, you can expect it to take off and grow quickly.
How can I find out more about the Wind Uplift program?
We encourage you to check out our Wind Uptake page to learn more about wind energy in Alaska and how you can participate.
We also have a Wind Upase page where you can get help from Alaskans about how to participate.
What are the criteria that are used to evaluate wind energy projects?
A project’s size, number of turbines, and capacity is all considered in assessing wind power potential in Alaska, as is how many of them are built.
There are a few key factors to consider when assessing wind projects.
Wind Power in Alaska is typically associated with a certain age of the wind.
For example, the largest wind farms are located in the summer months and are usually located off-shore, which gives them the best opportunity to grow.
Wind power is also more abundant in Alaska during certain times of year.
Wind turbines can be located off a road or in a community, and you can have a wind turbine installed in a residential area, which allows for more opportunities to generate electricity.
You can also have wind turbines in an area that is already used for agriculture, such as on a dairy farm, or in an industrial area.
If a project has fewer turbines, it will typically have fewer wind power opportunities.
What is the process for selecting a WindUpper?
The WindUppers are chosen by a panel of industry experts from the state’s wind power companies.
A panel of independent wind power industry experts, called the Alaska Wind Energy Advisory Council, reviews and evaluates all wind energy investments in Alaska that will generate a net wind benefit of at least $1,000,000 by the first of the next three years.
This panel also reviews wind power that would have a potential to generate a negative net energy cost, which is the amount of electricity that would be generated by wind turbines if they were to operate at full capacity and are operating on a schedule that would allow for the electricity produced to be consumed.
A WindUpperc is also a member of the WindUpase team, which helps identify the best options for investing in wind power in the Alaska energy landscape.
The process for making a decision to invest in wind is much different