Wind Energy Cost Increase a Sign of What’s to Come

Block Island Wind Farm (Credit: CT Examiner/Clingman)

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Utility company Dominion recently reported a $2 billion increase on the price of their offshore wind project. The price increase was largely blamed on “commodity pressures” (inflation, i.e.: Shipping has more than doubled. Steel more than tripled.). Dominion also admitted initial cost estimates were based on incomplete design documents. This sounds alarmingly similar to the […]
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