CanREA Conference, New York Nixes Offshore, Siemens Gamesa Restructuring, Italy-Greece Interconnectors, Fairbanks Wind Park

Allen and Joel are preparing for their trip to a Canadian Renewable Energy Association (CanREA) Electricity Transformation Canada 2023! It's going to be a busy and cold week. Then they dissect New York's rejection of offshore wind project price increases, analyze union concerns about layoffs at Siemens Gamesa, and discuss new subsea power cables planned for Italy and Greece. Our Wind Farm of the Week is Fairbanks Wind Park in Michigan, pouring money into a small community and keeping 24,000 homes running.



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Allen Hall: Joel and I will be at the Canadian Renewable Energy Association's Electricity Transformation Canada, 2023 event. And I had to look up, I haven't been to Calgary before even though I was a huge fan of the Calgary Flames hockey team for a long time, especially when the, when they won the Stanley cup, that was pretty awesome.



But Calgary is the largest city in Alberta with 1. 4 million people. So Rosemary, is that bigger or smaller than Canberra?



Rosemary Barnes: Bigger. It's three, three times the size.



Joel Saxum: Calgary is like the Denver of Canada. Right up against the mountains, farms on the other side, good beef and Caesars.



Allen Hall: It's the cleanest city in the world.



And there's also 120 languages spoken in the city. That seems like a lot maybe because of the oil. Maybe that's what it is. There's people from all over the world to it. But here's the one I'm really worried about. The highest recorded temperature ever in Calgary was 97 degrees. And we're gonna be there almost in November.



Pretty close. So if the highest temperature ever was 97, I'm figuring it's gonna be just slightly above freezing while we're over there, Joel.



Joel Saxum: Perfect. That's what I like.



Rosemary Barnes: They have those Chinooks there, right? Where the temperature suddenly swings by like 20, 20 degrees and, or 40, if you're talking Fahrenheit in just a, an hour or two, doesn't it?



Allen Hall: Rosemary recommending that I bring shorts and a t shirt and wool mittens.



Moving back to the United States big news out of New York. The New York regulators rejected requests from developers of several. Offshore sites in their bid to add to the PPA prices. And this went through a whole bureaucratic decision making process. But the end of it, there was a vote and they voted to essentially sell everybody, no, we're not going to adjust our pricing.



And if you want to cancel, go ahead and cancel. So the government governor got involved in this a little bit and said, Oh, we, it. We don't want you to cancel, we just want it to be more affordable. So the offshore companies that are trying to develop these, we're not going to negotiate because that would ruin the integrity of the system we have developed.



Here's what the intent is now. They're going to, and I can allow them to raise prices. They're saying, if you want to cancel, you cancel, you have to pay the fees. And then we're going to go through an accelerated bid process again, with the same developers. To see if they give us some lower prices and I cannot figure out for the life of me why they think they're gonna get lower prices by rebidding it, they're gonna get the same prices they had before.



Or higher. Or higher. Yeah. Because you have to pay, they have to pay off the penalty they paid and earn that money back somehow, which is...