An article in yesterday’s Boston Globe describes a project in Gloucester (pronounced “Gloss-tah”*), Massachusetts, in which the city will power its school and city buildings fully from wind power. The windmills will save Gloucester at least $450,000 per year and more than $11 million over the next 25 years. Located in one of the windiest areas of the state, averaging over 16 miles per hour, and away from any neighborhoods, this project has received little in the way of protest.
Investment in the project is about $10M, and with the savings from the agreement, the town is now jumpstarting two other projects in the next two years, a new police and fire safety building and a new elementary school.
So: project begets project begets project, and the city ends up with ongoing savings that pay back on its original investment.
Not a bad deal – winding up with savings. And not a bad deal for all of the project managers who’ll be gainfully employed to bring these deliverables in on time, within budget, and with proper scope management.
You can read the entire article by clicking here.
*really!
