From AP - News Headlines -

UI Student Groups Hope Administrators Land Remaining Funds for Wind Turbine

University of Illinois administrators are meeting with two 'green energy' student groups next week to decide if a plan for placing a wind turbine on the Urbana campus still has life. A $2 million grant awarded in 2005 will expire in three months, unless the U of I can find a funding source to pick up the remaining cost. With dwindling state funds, members of groups like the Student Sustainability Committee and Students for Environmental Concerns suggest the capital bill approved by Illinois lawmakers, or the U of I Foundation, could pay the remaining $1.7 million for the turbine.

U of I Interim Vice Chancellor for Public Engagement Steven Sonka says the turbine would appear to produce a reasonable rate of return, and would be an attractive option if financing were available. But he suggests there are more effective uses for that kind of money... including retro-commissioning of some campus buildings. "These are very high payoff in terms of energy savings, because it's the energy savings that pays back the initial investment,' says Sonka. "And we want to do those, too. But that's a question of financing as well. We've gotten grants in the past to change lighting in buildings, and those tend to have attractive payoffs." With Urbana campus energy costs exceeding $75-million a year, student groups contend the turbine would quickly show some benefits.

Sonka says the student proposals for paying for the turbine's remaining cost would be considered. He says discussions with other 'outside entities' are being considered, but wouldn't comment on them. The initial grant for funding the wind turbine came from the Illinois Clean Energy Community Foundation. On Monday, Governor Pat Quinn indicated his support for the project in a visit to campus, noting wind energy was one goal of the recently-passed capital bill.

Categories: Economics, Education, Energy