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Rhode Island Is Struggling To Realize Its Offshore Wind Potential

  • Mar 20, 2023
  • 152 views
Source: 
OilPrice.com

Rhode Island is making strides in the renewable energy sector, with plans to develop offshore wind energy. Governor McKee recently announced a Request for Proposals (RFP) for 600 to 1,000 megawatts of newly developed offshore wind capacity. This move is part of the state’s commitment to reduce green...

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Robert Borlick's picture
Robert Borlick on Mar 20, 2023

More collective insanity.  I hope Rhode Island places a pragmatic limit on how much subsidy money it is willing to throw at offshore wind.  And it should make clear to its residents how much each will pay to foot the bill.  

Politicians love to obfuscate the cost of projects by talking up how many jobs they create.  Never mind that the cost of creating each job with offshore wind typically exceeds what the job pays its workers.  Everyone would be better off if the state just sent out no-strings-attached checks to the unemployed workers.

 

Richard Brooks's picture
Richard Brooks on Mar 20, 2023

More "out of market" generating resource purchases in New England. RI really should look at what happened to consumer electricity prices in CT with their "out of market" acquisition of Millstone. 

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