We keep being told that companies are super excited to invest in “renewables”. So then why
First offshore wind auction in Gulf of Mexico attracts one winning bid
The Biden administration’s first-ever auction of offshore wind development rights in the Gulf of Mexico ended with a single $5.6-million winning bid on Tuesday, reflecting meager demand for the clean energy source in a region known for its oil and gas production.
Germany’s RWE won rights to 102,480 acres (41,472 hectares) off Louisiana for $5.6 million, while the other two lease areas on offer off Texas received no bids, according to results posted on the Bureau of Ocean Energy Management website.
RWE’s awarded site is 44 miles off the coast of Louisiana and has water depths of 10-25 meters. The company said that the lease area has the potential to host up to 2 GW of new capacity, enough to power over 350,000 US homes with clean energy. The project is expected to be in operation by the mid-2030s, contingent upon permitting timelines.
RWE said the Louisiana lease was attractive because the state has strong existing coastal port and supply chain infrastructure and a goal to install 5 gigawatts of offshore wind capacity by 2035. Texas does not have an offshore wind target.
And not even a U.S. based company. Few really see any reward on investment
But the overall result only represents a fraction of the billions of dollars of bids secured in an offshore wind lease sale off New York and New Jersey in February 2022, according to a Reuters analysis. Those states have passed laws that require utilities to buy power from offshore wind projects – mandates considered critical for a technology that is estimated to produce electricity at twice the cost of a natural gas plant.
Yeah, because they are forced to do it and will see some incredible government cash subsidies for it.
While there are some pretty deep places in the Gulf of Mexico within 20 miles of the shore it’s mostly under 100 feet deep. It should be easier to build windmills in the Gulf than offshore of the east coast. While hurricanes are more common in the Gulf, the east coast gets them as well, as well as ‘winter’s hurricanes,’ the nor’easters which can hit.
But all those storms are only two to the climate catastrophe crisis extraordinaire. Once they managed to get one mill up there the entire paradigm changes. There will no longer be hurricanes or even nor’easters. The entire planet will go to 74 degrees year round. Except it won’t melt glaciers anymore.
The very idea of using 500 year old technology is ridiculous. Wind mills and mirrors? When we could build nuclear plants all over the place and have endless energy summer winter spring and fall day or night sun or not even when the wind ain’t blowing.
If the whole idea of this climate hoax wasn’t to oppress the people and make money for their billionaire contributors and the democommie party they’d be building nuclear power plants right now.
Only brainwashed leftists could believe that in a modern world where the demand for electricity is getting greater and greater could pin wheels and mirrors produce the necessary electricity.
But then these people believe the senile child ****** got 81 million dress and they were already printing up enough for him to get 181 million this time around. I’ve determined that people on the left are weak of mind and empty of morality. From their ability to be fooled on every single thing that comes down the road. Men having babies? Give me a break.
It should be a felony if any politician is caught benefitting from a taxpayer funded project like solar and wind farms. If solar and wind pencil out? Fine. But no government subsidies, no congress critter benefits.
Large scale wind power has never made any sense, even in theory. No wind generator rated over 0.5 MW has ever generated the power necessary to offset the investments in time and energy consumed to design, construct, erect, maintain and ultimately decommission. Ever. The entire idea should be abandoned. Even large scale tidal, which is merely monumentally stupid, would be more viable, and that’s saying something.