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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (1100816)	11/20/2018 5:36:18 PM
From: Triffin	Read Replies (2) of 1584444

re: We'll need more than 10 windmills .. Please explain how this is a "good" deal for rate payers .. ===== The wholesale price for electricity in Virginia is about 3 cents per kilowatt-hour (kWh). This is the price received by coal, natural gas, or nuclear generating facilities. The electricity produced from the two offshore turbines will receive 78 cents per kWh, or a staggering 26 times the wholesale price. The SCC acknowledged that the project was not the result of competitive bidding, and that the project was not needed to improve power system reliability or capacity reserve margin. They also concluded “…it appears unlikely that the cost of offshore wind facilities will become competitive with solar or onshore wind options in the foreseeable future.” Virginia electricity rate payers will also pay for any project cost overruns. ===== Triff .. @fuzzy-math.com

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