Parker Ranch Chief Details Rationale For Regional Defection from HELCO Grid

posted in: October 2014 | 0

Last month, Neil “Dutch” Kuyper, president and CEO of Parker Ranch, laid out his arguments why residents in the northwestern corner of Hawai`i island might want to defect from Hawai`i Electric Light Company’s grid.

Simply put, a new energy portfolio that includes wind, liquefied natural gas, and pumped storage hydroelectric power would be worth hundreds of millions of dollars more than HELCO’s assets in the Waimea-Kohala area, he said.

According to analyses that Siemens and Booz Allen Hamilton have conducted for the ranch, the net present value of the new portfolio would be $600 million . . .

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