New Data Points In New York’s Unfolding Energy Implosion

by Francis Menton at

The energy implosion set in motion by New York’s Climate Leadership and Community Protection Act of 2019 (Climate Act) continues to unfold slowly. This week we have gotten a few more new data points. If you can read between the lines of wild spinning by the Governor and her team of bureaucrats, you will find that the scope of offshore wind projects moving forward with accepted bids has decreased by about two-thirds, while the price has just jumped by over 30%.

First, some background. The Climate Act sets several unachievable and impossible targets, the first of which is 70% of electricity from “renewables” by 2030. How to get there? The bureaucrats in charge of meeting the targets have no idea what they are doing, but they have established as a first goal to have some 9,000 MW of offshore wind turbines (nameplate capacity) up and running by some point in the 2030s. Does that sound like a lot? Current average demand in New York State is about 17,000 MW per this NYISO 2023 Report (at page 26), meaning that New York consumes about 150,000 [G]Wh of electricity in a year. (17 x 8760 (hours in a year) = 148,920). 9,000 MW of offshore wind turbines operating at a 30% annual capacity factor will generate 23,652 [G]Wh in a year (9 x 8760 x 0.3 = 23,652). That’s less than a sixth of current consumption. And did I mention that they are also planning to increase demand by 50% or more by forcing the electrification of all automobiles and home heating and cooking? So the 9,000 MW of offshore wind turbines will provide maybe 10% of our electricity needs in the 2030s, at random and often useless times — and that’s assuming that the turbines actually get built.