Thursday, October 13, 2016

First US Offshore Wind Plant Costs $17,600 Per Home Powered!

The Daily Signal ^ | October 11, 2016 | Andrew Follett 

America’s first offshore wind power plant will cost about $17,600 dollars to build per home it will power.
Three miles off the coast of Block Island, Rhode Island, the wind farm is supposed to generate enough energy to power 17,000 homes, but will cost $300 million to build five turbines. This cost is just to build the turbines, not to operate them.
The extremely high cost of offshore wind doesn’t worry environmentalists and progressives, however, because, as Salon.com says about the project, “it’s the precedent that counts.”
Despite the extremely high cost, federal officials want to power a whooping 23 million homes with offshore wind by the year 2050.
(Excerpt) Read more at dailysignal.com ...

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