New wind venture planned- Proposal not connected to Bruce Power's energy plans
Simcoe Reformer: MONTE SONNENBERG - December 2, 2008
Bruce Power and a new energy company denied yesterday that they are teaming up to harness the wind potential of the Nanticoke Industrial Park.
Tribute Resources Inc. of London announced Monday that it has formed a new unit -- Dover East Wind Limited Partnership -- with the express purpose of constructing 30 megawatts of generating capacity on 1,800 acres in the Nanticoke Industrial Park.
Oct. 31, Bruce Power of Tiverton announced plans to conduct an environmental assessment for the possible construction of two nuclear reactors on 2,000 acres, also in the industrial park.
Bruce Power's proposal includes the establishment of a "clean energy hub" of alternative power sources such as wind, natural gas, solar and hydrogen. And like Bruce Power's proposal, Dover East Wind LP has its sights set on land east of Port Dover and west of U.S. Steel Canada.
"There is no connection between the two," Bruce Power spokesman James Scongack said yesterday. "We have not had discussions with these parties."
"We have no business relationship with them at all," Tribute president Jane Lowrie added.
U.S. Steel Canada has optioned land to Bruce Power. However, it too is not involved with the Tribute undertaking.
"We don't have anything to do with it," spokesman Trevor Harris said.
Dover East Wind LP begins life with 900 "units" worth $1,000 each. In a release yesterday, Tribute Resources said "A third party group has received 600 LP units in consideration for the contribution to the LP of leases and wind test data."
Dover East retains 300 units, with an option to purchase shares worth 50 per cent of the partnership for $300,000.
Dover East LP has also entered into a three-year lease for the petroleum and natural gas rights on the subject lands, which are described as "onshore." Dover East LP has also entered a three-year wind option agreement with provisions to convert this into a 20-year wind lease agreement. Lowrie said the project is attractive because of the transmission corridor serving the Nanticoke Generating Station.
"Tribute anticipates that it will be necessary to partner with another corporate entity in order to complete the development," the company said in its news release.
Tribute will also need a long-term contract from the Ontario Power Authority before it can sell electricity to the province. Depending on their size, it takes between 20 and 30 wind turbines to generate 30 MW of electricity.
While Bruce Power is interested in establishing a diversified energy complex in Nanticoke, Scongack says it is premature to speculate about potential partnerships. As it stands, Bruce Power is focussed on a three-year, $30-million environmental assessment regarding its proposed reactors. As well, Bruce Power has not completed feasibility studies regarding alternative energy sources beyond nuclear.