Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ...
by andrepd on Wednesday January 22, 2025 @07:17AM
(#42791945)
Trump just rescinded licenses for offshore wind farms via an EO. We're fucking cooked (and I mean this literally)
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Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ...
by bayindirh on Wednesday January 22, 2025 @07:55AM
(#42792285)
Before downvoting the OP and, for more information, see:
https://apnews.com/article/wind-energy-offshore-turbines-tru...
https://www.utilitydive.com/news/trump-offshore-wind-leasing...
Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ...
by cko on Wednesday January 22, 2025 @02:37PM
(#42796639)
> Offshore wind is among the sources of new power generation that will cost the most, at about $100 per megawatt hour for new projects connecting to the grid in 2028, according to estimates from the Energy Information Administration. That includes tax credits under the Inflation Reduction Act, which reduces the cost of renewable technologies. But onshore wind is one of the cheapest sources, at about $31 on average for new projects.
I mean, I can see how numbers wise this decision makes sense.