ISO-NE presents a study that shows how 50 cents per kilowatt hour electricity can be a reality by 2050 or sooner if states continue to pursue wind, solar and battery storage and neglect natural gas and nuclear.
The chart shows where New England wind, solar and storage is presently and what will be to be overbuilt to meet the demand in 2050.
Comment
Wind, solar and batteries will have no subsidies under Trump and later under Vance. For EIGHT MORE YEARS.
That means any policy of any New England state is pure pipe dream.
ISONE engineers are doing a disservice by doing analyses that will make no economic or financial sense.
Why are there no whistleblowers? Afraid to loose their jobs? Being not promoted?
Net-zero by 2050 to-reduce CO2 is a super-expensive suicide pact, to:
1) increase command/control by governments, and
2) enable the moneyed elites to become more powerful and richer, at the expense of all others, by using the foghorn of the government-subsidized/controlled Corporate Media to spread scare-mongering slogans and brainwash people, already for at least 50 years; extremely biased CNN, MSNBC, NPR, PBS, NBC ABC, CBS come to mind.
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CO2, just 0.042% in the atmosphere, is a weak absorber of a small fraction of the absorbable, low-energy IR photons.
CO2 has near-zero influence on world surface temperatures.
CO2 is a life-giving molecule. Greater CO2 ppm in atmosphere is an essential ingredient for:
1) increased green flora, which increases fauna all over the world, including desert areas, and
2) increased crop yields to better feed 8 billion people.
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EXPENSIVE FLOATING OFFSHORE WINDMILLS IN IMPOVERISHED STATE OF MAINE
https://www.windtaskforce.org/profiles/blogs/floating-offshore-wind...
By Willem Post
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Despite the meager floating offshore MW in the world, pro-wind politicians, bureaucrats, etc., aided and abetted by the lapdog Main Media and "academia/think tanks", in the impoverished State of Maine, continue to fantasize about building 850-ft-tall floating offshore windmills, each mounted on a 50% submerged, steel platform at least 250 ft x 250 ft x 75 ft tall to maintain the windmill in upright position in all conditions.
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Maine government bureaucrats, etc., in a world of their own climate-fighting fantasies, want to have about 3,000 MW of floating wind turbines by 2040; a most expensive, totally unrealistic goal, that would further impoverish the already-poor State of Maine for many decades.
Those bureaucrats, etc., would help fatten the lucrative, 20-y, tax-shelters of mostly out-of-state, multi-millionaire, wind-subsidy chasers, who likely have minimal regard for: 1) Impacts on the environment and the fishing and tourist industries of Maine, and 2) Already-overstressed, over-taxed, over-regulated Maine ratepayers and taxpayers, who are trying to make ends meet in a near-zero, real-growth economy.
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Those fishery-destroying, 850-ft-tall floaters, with 24/7/365 strobe lights, visible 30 miles from any shore, would cost at least $7,500/ installed kW, or at least $22.5 billion, if built in 2023 (more after 2023)
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Almost the entire supply of the Maine projects would be designed and made in Europe, then transported across the Atlantic Ocean, in European specialized ships, then unloaded at a new, $500-million Maine storage/pre-assembly/staging/barge-loading area, then barged to European specialized erection ships for erection of the floating turbines. The financing will be mostly by European pension funds.
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About 500 Maine people would have jobs during the erection phase
The other erection jobs would be by specialized European people, mostly on cranes and ships
About 200 Maine people would have long-term O&M jobs, using European spare parts, during the 20-y electricity production phase.
https://www.maine.gov/governor/mills/news/governor-mills-signs-bill...
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The Maine people have much greater burdens to look forward to for the next 20 years, courtesy of the Governor Mills incompetent, woke bureaucracy that has infested the state government
The Maine people need to finally wake up, and put an end to the climate scare-mongering, which aims to subjugate and further impoverish them, by voting the entire Democrat woke cabal out and replace it with rational Republicans in 2024
The present course leads to financial disaster for the impoverished State of Maine and its people.
The purposely-kept-ignorant Maine people do not deserve such maltreatment
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Electricity Cost
Assume a $750 million, 100 MW project consists of foundations, wind turbines, cabling to shore, and installation at $7,500/kW.
Production 100 MW x 8766 h/y x 0.40, CF = 350,640,000 kWh/y
Amortize bank loan for $375 million, 50% of project, at 6.0%/y for 20 years, 9.194 c/kWh.
Owner return on $375 million, 50% of project, at 10%/y for 20 years, 12.385 c/kWh
Banks and Owners get 21.579/36.579 = 59% of the project revenues
Offshore O&M, about 30 miles out to sea, 8 c/kWh.
Supply chain, special ships, and ocean transport, 3 c/kWh
All other items, 4 c/kWh
Total cost 9.194 + 12.385 + 8 + 3 + 4 = 36.579 c/kWh
Less 50% subsidies (ITC, 5-y depreciation, interest deduction on borrowed funds) 18.290 c/kWh
Owner sells to utility at 18.290 c/kWh
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Excluded costs, at a future 30% W/S annual penetration on the grid, based on UK and German experience:
- Onshore grid expansion/reinforcement to connect far-flung W/S systems, about 2 c/kWh
- A fleet of traditional power plants to quickly counteract W/S variable output, on a less than minute-by-minute basis, 24/7/365, which means more Btu/kWh, more CO2/kWh, more cost of about 2 c/kWh
- A fleet of traditional power plants to provide electricity during 1) low-wind periods, 2) high-wind periods, when rotors are locked in place, and 3) low solar periods during mornings, evenings, at night, snow/ice on panels, which means more Btu/kWh, more CO2/kWh, more cost of about 2 c/kWh
- Pay W/S system Owners for electricity they could have produced, if not curtailed, about 1 c/kWh
- Importing electricity at high prices, when W/S output is low, 1 c/kWh
- Exporting electricity at low prices, when W/S output is high, 1 c/kWh
- Disassembly on land and at sea, reprocessing and storing at hazardous waste sites, about 2 c/kWh
Total ADDER 2 + 2 + 2 + 1 + 1 + 1 + 2 = 11 c/kWh
Some of these values exponentially increase as more W/S systems are added to the grid
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Offshore wind full cost of electricity FCOE = 36.6 c/kWh + 11 c/kWh = 47.6 c/kWh, no subsidies
Offshore wind full cost of electricity FCOE = 18.3 c/kWh + 11 c/kWh = 29.3 c/kWh, 50% subsidies
The 11 c/kWh is for various measures required by wind and solar. Power plant to landfill cost basis.
This compares with 7 c/kWh + 3 c/kWh = 10 c/kWh from existing gas, coal, nuclear, large reservoir hydro plants.
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Cabling to Shore Plus $Billions for Grid Expansion on Shore
A high voltage cable would be hanging from each unit, until it reaches bottom, say about 200 to 500 feet.
The cables would need some type of flexible support system
There would be about 5 cables, each connected to sixty, 10 MW wind turbines, making landfall on the Maine shore, for connection to 5 substations (each having a 600 MW capacity, requiring several acres of equipment), then to connect to the New England HV grid, which will need $billions for expansion/reinforcement to transmit electricity to load centers, mostly in southern New England.
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The whole set-up is s super-expensive nightmare, the extent of which has been clear in Germany for the past 10 years and the UK for the past 5 years.
Both have “achieved” near-zero, real- growth GDP, the highest electricity prices in Europe, and stagnant real wages.
The W/S variable output, or too-little output, or too-much output, creates operational difficulties that become increasingly more challenging and expensive to counteract.
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Maine Folks Need Lower Energy Bills, Not Higher Energy Bills
The over-taxed, over-regulated, impoverished Maine people would buckle under such a heavy burden, while trying to make ends meet in the near-zero, real-growth Maine economy.
Spain’s Armada debacle in 1588 led to the end of the Spanish Empire
France’s Napoleon “excursion” into Russia doomed the French Empire
WW1 ended the British Empire
Then came the Muslim invasion and Net Zero
Sayonara Europe
Empty bombast keeps these countries going.
Reykjavik just had 10 inches of snow, the first time in 100 years
Global warming, anyone?
U.S. Sen Angus King
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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We have the facts on our side. We have the truth on our side. All we need now is YOU.
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-- Mahatma Gandhi
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Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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