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This seems like a good thing considering the “TotalEnergies CEO Pouyanné said offshore wind was "not the most affordable way to produce electricity" in the US,
by angelgonzales 7mo ago
This seems like a good thing considering the “TotalEnergies CEO Pouyanné said offshore wind was "not the most affordable way to produce electricity" in the US, which he identified as being natural gas-fired power plants.”
Not sure why we’re building offshore wind plants when land based gas plants provide cheaper energy. We need to be reducing the cost of living for working people and not raising it. Our goal should be to reduce people’s cost of living and we should align our actions towards those goals.
Most people are cost sensitive!
- rockooooo 7mo agothe dollar cost he's talking about does not include the large dollar cost the externalities burning gas creates
- angelgonzales 7mo agoDoes the offshore wind energy costs include externalities of fabricating, assembling, shipping, installing, maintaining and decommissioning the turbines? Does it also include bird losses and whale harms?
- bjourne 7mo agoYes.
- thunfischtoast 7mo agoThe project life cycle cost: yes. The birds and whales: no. But neither do the fossil power plants.
- triceratops 7mo agoDoes the gas turbine include externalities of fabricating, assembling, shipping installing, maintaining, and decommissioning oil drilling rigs? And of shipping, storing, and burning the gas? And the climate change caused by gas leaks? And the harms to humans, the fishing industry, and bird losses and whale harms by oil spills (I know you really care about those)?
- hedora 7mo agoI really want to know how in the hell whales are getting stuck in wind turbine blades. I want to see a video of this happening. There's also the externality of paying for the natural gas, which is passed on to the consumer in the form of higher energy bills. It probably also makes sense to include the $800M we are burning per day right now on patriot missiles (assuming the stockpile hasn't been depleted yet).
- thunfischtoast 7mo agoThe argument is that vibrations of the wind power plants at sea disturb the whales. Paying for the gas itself would not be an externality. Externalities are for example the worldwide damages caused by extreme weather which is caused by climate change, health problems caused by air pollution or the usage of clean water for cooling
- hedora 7mo agoNormally, I'd agree, but in this age of massive corruption, you need to be careful figuring out who the stakeholders are. The purpose of these new fossil plants is not to produce electricity. Their purpose is to line the pockets of the ultra-wealthy people building them, and of the politicians accepting bribes to get them built. Fueling the power plant is an externality for the people building the power plant. You could argue that it increases their costs, but these things are monopolies, with prices set by bought-off politicians. The plant + fuel costs much more than renewables (so ratepayers get screwed), but I'll wager the plant without fuel is still a bit less than solar or wind construction.
- triceratops 7mo ago> The argument is that vibrations of the wind power plants at sea disturb the whales. It's an argument that's always reeked of whale shit to me. If they really cared about marine sound pollution they'd go after super yachts first.
- myvoiceismypass 7mo agoThe biggest harm to whales is indeed human-based, but more along the lines of being collateral damage from the fishing industry.
- IshKebab 7mo agoUhm, I dunno if you just time travelled here from the 60s but there's this thing called global warming.
- angelgonzales 7mo ago[flagged]
- while_true_ 7mo agoIn 2026 utilities will install 86 GW of new generation, of which only 6 GW will be natural gas. The other 80 GW will all be solar, wind and battery storage. Utilities are doing this because of economics. Environment is secondary. Even oil and gas rich Texas has been aggressively adding solar, wind and battery.
- heyitsmedotjayb 7mo agoCoal is not cheap. At least support oil/gas if you're going to push this cost sensitivity schtick
- IshKebab 7mo agoWind is one of the cheapest sources of electricity available. Even if you are a completely brain-dead climate change denier it makes sense from a financial perspective.
- angelgonzales 7mo agoIn this specific case the CEO stated that gas is the cheaper choice given their ~$1B they can spend.
- kalleboo 7mo agoThe longer quote seems to be "In the situation of the U.S., where you have huge amount of resources, huge amount of land to produce electricity, offshore wind is not the most affordable way to produce electricity" which sounds like it's just as much about the extra cost of off-shore makes less sense when you're not land-constrained like in Europe or Asia.
- while_true_ 7mo agoWind and solar are consistently the cheapest forms of new energy generation. Pouyanné knows that. He is being a politician here, saying what he knows will play well with the current administration. When in Rome...
- danny_codes 7mo agoI think you forgot to account for the massive emissions. Which we have to pay for eventually. Don’t know if you noticed but the majority of the US had the hottest March on record just now. Like a few days ago. There is an enormous cost to emissions. Probably for each $1 spent on gas power there’s $50 to ameliorate the emissions. Building more gas capacity is perhaps the stupidest economic policy imaginable