offshore wind

“I mean, right now, the United States has seven turbines total, representing 42 megawatts worth of offshore wind capacity. Worldwide, there's more than 56,000 megawatts of offshore wind capacity”

“So New York State has set a goal of building nine gigawatts of offshore wind capacity by 2035 which would be enough to supply about 30% of the state's electricity needs.”

“It's this free market think tank supported by the Kochs that is bankrolling opposition to offshore wind, and that quickly brought him to Facebook.”

“Probably six to 10 gigawatts of offshore wind connecting to Long Island over the next couple of decades.”

“And Bloomberg says another 9.7 gigawatts are at risk in America as developers look to renegotiate contracts.”

“But then on the other side, you can generate electricity at much larger scale. So the turbines are much larger, more efficiency you know, higher wind speeds offshore. And that means that actually the levelized cost of energy is actually lower than for example,…”

“So that means cost increases, and we're looking at around 20%, and it's getting really, that is really cutting across not only offshore wind, but it's also, you know, impacting other sectors.”

“Well, in offshore wind, in a way, we focused on the production sites, you know, putting offshore winter ones in the water, but There is a grid system. There's an electricity market that we can plug in. So from this perspective, offshore wind was an easy one. Y…”

“In the last few months, three major projects in Europe and America have been delayed or canceled thanks to rapidly rising costs. Those projects make up more than 10% of current offshore wind capacity already installed in the EU and US.”

“In twenty-twenty-one, offshore wind developers built 21,000 megawatts of capacity, but installations are down, and that's because the financial picture has worsened over the last two years, thanks largely to inflation.”

“So I think it's a big mistake to disincentivize rooftop solar at this time and believe that we can both do that and do things like central procurement, make sure we actually build offshore wind, which is, as you know, is going to take seven to 10 years anyway…”

“And Orsted Just this month deployed a first-of-its-kind drone that will be able to carry cargo up to a 150 pounds to offshore wind sites, and they're using this to more safely and efficiently get stuff to their developments”

“He was struck by the global offshore wind investment, reaching a record 76.7 billion dollars, which was an almost 80% increase in offshore wind.”

“To me, some of those might indicate that something like, I'll pick on offshore wind at You know, 15 cents and up is not economic compared to reliable power at a number lower than that.”