Offshore Wind Farm Costs $150,000 Per Home Currently Powered
An offshore wind farm in Rhode Island went online Monday, but building it costed $150,000 for every household powered. Three miles off the coast of Block Island, R.I., the wind farm is currently generating enough electricity to power 2,000 homes, but building the five turbines costed $300 million. That’s roughly $150,000 per household just to build the turbines, not to operate them. To put this in some perspective, the U.S.’s newest nuclear reactor, Watts Bar Unit 2, cost $4.7 billion to build but powered 4.5 million homes. The extremely high cost of offshore wind doesn’t worry environmentalists and progressives however, because, “it’s the precedent that counts.” click here to read the rest 11:37
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