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Expensive Offshore Wind Energy Is Being Forced Onto Consumers

Expensive Offshore Wind Energy Is Being Forced Onto Consumers

Full Title: Expensive Offshore Wind Energy Is Being Forced Onto Consumers
Author(s):
Publisher(s): The Heartland Institute
Publication Date: August 1, 2016
Full Text: Download Resource
Description (excerpt):

Expensive, environmentally harmfual, offshore wind is being forced on American consumers in the Northeast. The first offshore wind farm off the coast of Block Island, Rhode Island, will begin operating later this fall at a cost of the 30-megawatt wind farm is $300 million–$10,000 a kilowatt – over 10 times more than the cost of a new combined natural gas power plant cycle unit, and 58 percent more costly than what the Energy Information Administration estimated America’s first offshore wind unit to cost–$6,331 per kilowatt. Massachusetts, a Republican governor, Charlie Baker, recently signed a bipartisan bill ordering the state’s utilities to purchase 1,600 megawatts of offshore wind, 50 times the size of the Block Island Wind Farm.

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