Big Blow: Offshore wind power’s devastating costs and impacts on North Carolina
Mitch Rolling and I are proud to present the findings of research conducted in partnership with the John Locke Foundation in North Carolina. You can read the full report by clicking here.
In this report, we assessed the cost of building 8,000 megawatts (MW) of offshore wind turbines off the coast of North Carolina and concluded it would cost $55.7 billion in the Low-Cost scenario to $71.5 billion in the Base-Cost scenario through 2050.
This would result in an average cost increase of $330 to $425 per year per North Carolina customer, respectively, peaking in the year 2040 at $641 and $823 per customer, respectively.
Building unreliable offshore wind turbines will greatly increase the economic hardship felt by North Carolinians for zero measurable environmental benefits.