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Offshore wind too expensive

Maine offshore wind farm would be very expensive— with optimistic assumptions. ...figures capital costs for the project could go as high as $4.5 billion a Gigawatt, a lot more than Mr. Pickens projects for his massive Texas wind farm. All in, the costs could come to $25 billion, or $5 billion a GW. That compares to upfront costs of about $600 million per gigawatt for old-fashioned coal-fired plants. (the link has muddled up MW and GW though!) - Read More

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