Apr 21, 2009
Kansas wind energy company has eye on Missouri
by Robert Kessler
TradeWind Energy's Shuteye Creek Wind Project would harness Missouri's wind power and translate it into energy for homes. The project seeks to place turbines on 30 thousand acres of land in Sullivan and Adair Counties.
Phil Tate is the Executive Director of Kirksville Regional Economic Development Incorporated, or K-REDI. He calls the new prospect "exciting."
"Wind generation would bring economic development to the county; to Adair County as well as Sullivan and maybe Putnam."
Tate says the new development would have a major economic impact in the area. The deal, however, is not yet finalized in Adair County. Adair County Commissioner Carson Adams says the groups are still talking.
"Probably about a month and a half we've been talking to them every two to three weeks and right now we're just getting into it tentatively."
TradeWind Energy suggests creating an enterprise zone in Adair County. An enterprise zone gives tax credits to businesses from a specific industry within a specified region. In this case, TradeWind Energy is suggesting a one-hundred percent tax abatement or exemption. A measure Tate says could be effective but must be researched extensively first.
"Tax abatement can be a very useful economic development tool, but it should be used sparingly and it should be used wisely."
Adams says TradeWind will definitely not receive a one-hundred percent exemption.
The turbines would be placed only on private land and according to Adams, land owners would be paid $600 per tower on their property.
Comments
Posted by solar orlando on 11/28 at 01:07 PM
It would be cool to see a mix between wind and solar power in the midwest allowing every single city to have that as an alternative to coal or oil.
Posted by Oil and Gas Royalty Investments on 11/30 at 06:32 AM
I think it’s brilliant that you’re investing in wind energy companies.If more people invested in the fundamental development of infrastructure and science rather than in Wal-Mart and Google we might have a better world. Investing in any wind energy company is infinitely better than Exxon….
Posted by Twitter Follower Adder on 03/07 at 12:18 PM
A very strategic place it’s Missouri, there if the turbines are place a large and great number of Kca per month can be generated!
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