Billion-dollar wind energy plan for P.E.I. on hold
Last Updated: Friday, December 19, 2008 | 2:45 PM AT
CBC News
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Wind power production will not grow on P.E.I. for now. (CBC)The P.E.I. government has postponed its call for private wind power development proposals because of the downturn in the economy.
In October, the province announced a $1-billion development plan to more than triple the wind power generated in the province, to 500 megawatts, by the year 2013.
It planned to issue a call for proposals for private developers to build wind farms to generate that energy.
"Our opinion is the prospectors that could be out there might not be quite as aggressive at the moment," Energy Minister George Webster told CBC News on Friday.
"They need some time, as well, to assess the market and where the market is going with regards to wind development. So I think this bit of a delay is the right thing."
Webster said a call for proposals will not go out until at least until next April. The global economic situation will be reassessed then.
In the meantime, Webster said the government will draw up guidelines to help ensure that any new development will have community support.
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