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The US's First Offshore Wind Farm Will Cut Local Power Prices By 40%
merbs writes: The U.S. is finally getting its first offshore wind farm. Deepwater Wind has announced that its Block Island project has been fully financed, passed the permitting process, and will begin putting "steel in water" this summer. For local residents, that means a 40% drop in electricity rates. The company has secured $290 million in financing, with funding from the likes of Key Bank and France's Société Générale, in part on the strength of its long-term power purchase agreement with US utility National Grid. Block Island has thus surpassed the much-publicized Cape Wind project, long touted as "the nation's first offshore wind farm," but that has been stalled out for over a decade in Massachusetts, held up by a tangle of clean power foes, regulatory and financing woes, and Cape Cod homeowners afraid it'd ruin the view.
Headline is misleading. It is not the turbines, but the link to the national grid that is making power cheaper for the island.
Until now, they depended on small local diesel generators.
You can bet that the 30MW wind plant is a lot more expensive than the diesel generators were.
I'd be interested to know the economics of the plant, but supplying cheaper power to the island will be an utterly trivial component.
Turbine bird deaths are a red herring. An estimated 10000-40000 birds die each year from turbines. But, they kill the least birds of many manmade structures. About ~150 million birds each year die from powerlines. An estimated ~500 million die from hitting glass windows. Cats kill several hundred million. Pesticides: ~70 million. Cars: another ~70 million. Radio towers: 45 million. I don't see anyone calling for any of those things to be scaled back because of bird deaths. So why single out wind turbines?
http://science.howstuffworks.com/environmental/green-science/wind-turbine-kill-birds.htm
Especially when the reduction comes not from the wind turbines but from the power line to the mainland that lets the locals buy power from the mainland power company.
"I do not agree with what you say, but I will defend to the death your right to say it"
I've love the sight of an eco-friendly windmill on my horizon, don't understand why people complain so much about it.
The sound would be unacceptable though, if that's still a problem.
Thank you, Bradley Manning, Edward Snowden and so many others, for courageously defending humanity, my freedom and more!