Saturday, February 9, 2013

Maine Offshore Wind Project Gets Key Approval | Reduction

Maine Offshore Wind Project Gets Key Approval

Spin, damn it!
Spin, damn it! by warrenski
License (according to Flickr): Attribution-ShareAlike License
Excerpt:

Oil giant Statoil gained key approval Thursday in its bid to build one of the nation's first off-shore wind power projects off Maine's Boothbay Harbor. The $120 million project would put four, three-megawatt wind turbines 12 miles off the coast on floating spar-buoy structures tethered to the seabed in 460 feet of water. A 2-1 vote by the Public Utilities Commission approved an important contract between the Norwegian oil company and utility companies. The PUC vote was the biggest hurdle the Hywind Maine project faced as it moves forward with the goal of having power flowing by 2016. The U.S. currently has no offshore wind farms. Other projects are also in development off Massachusetts, Rhode Island, New Jersey and Delaware. The approval comes with some conditions but Statoil said it considers the PUC vote an important milestone.

Keywords:

Maine project PUC PUC vote wind power offshore wind Hywind Maine project Oil giant Statoil wind power projects three-megawatt wind turbines Commissioner David Littell Maine State Chamber Public Utilities Commission Director Patrick Woodcock offshore wind farms Norwegian oil company Gov. Paul LePage offshore wind power major state-based companies high electricity costs PUC decision Maine-based manufacturing facilities above-market electricity rates shipbuilder Bath Iron ocean energy law construction firm Cianbro industrial rope manufacturers Senate Majority Leader Democratic legislative leaders Maine ratepayers Maine families approval Maine businesses Maine companies key approval 2-1 vote utility companies Boothbay Harbor important contract spar-buoy structures energy costs biggest hurdle important milestone energy projects New Jersey critical issues economic benefits preconstruction activities Rhode Island potential boost

People:

Statoil

Overall Sentiment: 0.224075

Relevance: 0.332068

Patrick Woodcock

Overall Sentiment: 0.13111

Relevance: 0.295513

SentimentQuote
0.0701565"First and foremost, this administration seeks to reduce high electricity costs to Maine families. Our energy costs are among the highest in the nation and if this project adds to that burden I have questions as to how economically viable it is for the State of Maine," Woodcock said. ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: 0.0701565
  • Mean: 0.0701565
  • Standard Deviation: 1.4142135623731

David Littell

Overall Sentiment: 0.127414

Relevance: 0.275709

SentimentQuote
0.197619"There's broad support from our business community for this proposal," said Littell.
0.0744059"There's broad support from our business community for this proposal," said Littell. "The project is already producing work for approximately 25 workers in Maine and that number will increase over the next two to three years as it ramps up in design, engineering and preconstruction activities."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.2720249
  • Mean: 0.13601245
  • Standard Deviation: 1.7320508075689

Gov. Paul LePage

Overall Sentiment: -0.121055

Relevance: 0.180873

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

StateOrCounty: Maine

Overall Sentiment: 0.133325

Relevance: 0.868842

Disambiguation: Location | PoliticalDistrict | AdministrativeDivision | GovernmentalJurisdiction | USStateReferences:

FieldTerminology: energy costs

Overall Sentiment: 0.145612

Relevance: 0.322036

Organization: PUC

Overall Sentiment: 0.161176

Relevance: 0.536696

Organization: University of Maine

Overall Sentiment: 0.193679

Relevance: 0.332641

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