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A comment on Financing offshore wind.

Re:Financing offshore wind by 2OEH8eoCRo0 on Friday September 23, 2022 @06:57PM (#32958046)
This looks very good and I look forward to reading it more in depth later.

I'm from Rhode Island and my father never stops talking about how horrible the Block Island wind farm is. From what he shows me- he's right. The project provides power substantially above market rate so as much as I like wind it seems like a bad deal for Rhode Island.

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Re:Financing offshore wind by woodruffw on Friday September 23, 2022 @07:24PM (#32958239)
My understanding is that the Block Island Wind Farm was essentially a pilot program, no?

It's nowhere near the scale of other offshore wind proposals in the US or Europe (NY alone plans to develop 9000MW of capacity in the next 15 years[1], versus the 30MW from Block Island), which makes me think it was more a proof of concept.

[1]: https://www.nyserda.ny.gov/All-Programs/offshore-wind

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Re:Financing offshore wind by ncmncm on Friday September 23, 2022 @09:06PM (#32958865)
The series seems to focus mostly on <0.5GW projects. Maybe bigger projects are assembled from those?
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Re:Financing offshore wind by bobthepanda on Saturday September 24, 2022 @12:11AM (#32959674)
IIRC part of the idea behind NY launching so much offshore wind is that it wants to amass enough experience and suppliers doing so to become a natural hub of it in the Northeast.
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Re:Financing offshore wind by ncmncm on Saturday September 24, 2022 @10:06AM (#32962724)
Experience seems to be crucially important in open-sea construction. There is so much that can go wrong, and so much value in judicious prevention and preparation.
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