Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

FBaggins

(27,708 posts)
9. It really isn't
Fri Mar 1, 2024, 03:20 PM
Mar 2024

They're playing games with the figures.

1.7 GW of capacity x 40% capacity factor x $150/mwh = about $75 million per month.

That isn't just $.75 extra per home per month over just a million homes. They're splitting the cost up over a much larger area than just the city and Long Island (and thus is a far smaller proportion of demand). If NYC was footing the bill by itself energy bills would skyrocket.

And as far as "unreliable" goes, that's where energy storage tech comes in.

Which isn't available at anywhere close to that scale - and isn't free. When comparing energy from different sources, you need to account for those extra costs

that's quite a bit for only the first 2 plants


"Only" the first two plants? They will be two of the ten (possibly top five) largest offshore plants in the world.

Latest Discussions»Issue Forums»Environment & Energy»These canceled New York o...»Reply #9