Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
  1. you have to compare the number with 20-y indexation to what the prices will be then, so today's number is the relevant one;

  2. you should also compare to what people are paying right now on Block Island itself, which is powered by diesel generators and thus much stiffer bills than onland;

  3. more to the point, this is for a demonstration project (it only applies to the first 25-30MW), so the overall cost is not that big, while the benefits in terms of creating a precedent and demonstrating how the industry can be developed and what it means for all stakeholders are very real (don't rune before you can walk and all that, and show to people what turbines at sea actually look like)

  4. what's required to develop the industry and create the jobs is a credible long term regulatory framework. If the support systems that make a project possible can be killed on a case by case basis, for silly short term reasons, manufacturers will never be interested to set up factories - they need at least 5 years of stable demand to do so...


Wind power
by Jerome a Paris (etg@eurotrib.com) on Thu Apr 1st, 2010 at 12:48:45 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series