Mostly this is just about giving back the money RWE paid for the leases from the US government to build those turbines. Plus various fees. They could have went for suing for total profits too.
> RWE U.S. Offshore secured these leases from the U.S. government with a long-term commitment to develop offshore wind capacity in American waters and invested more than $1 billion toward the leases and the development of these projects. These leases provided legal rights to develop offshore projects and represented years of planning, investment, and partnership with federal agencies.
> After careful consideration, it was determined there is no path forward to permit these projects in the U.S. for the foreseeable future. The settlement resolves RWE U.S. Offshore’s legal claims and provides $1.22 billion in settlement funds.
What "world order" is this? One where cheap energy generation is seen as a good thing? Bizarre that anyone would be against a private company building solar or wind farms in this day and age.
For a guy in the ai and cybersecurity industry you seem to have incredibly poor judgement Gyan.
i actually like solar SK .. I’m with Elon on that, which I suspect may already bother you. :) .. but wind is different .. it’s flakey .. harms birds .. creates noise pollution in rural areas .. and industrialises landscapes that shouldn’t be industrialised.
As for my “poor judgment,” kind sir .. this is not true .. see, what i like about startups (which is also how i found HN) .. is that there is no place to hide .. your judgement will either kill you or make you fabilously rich (this is even more true when all your startups are boot strapped, with no sales team .. and you end up exiting 3 times ..another way to look at it SK is that in my world, if mess up my judgement, i dont get to eat .. curious what you do for a living ?
Provide one example where solar and / or wind generation have penetrated a market to a level worth mentioning and electricity prices have come down or remained stable adjusted for inflation.
South Australia is a good example. In 2023–24, wind supplied 45.2% of South Australia’s electricity generation, rooftop solar supplied 18.3%, and large-scale solar another 10.7%. In other words, roughly 74% of the state’s electricity generation came from wind and solar. [1]
And this isn’t a comparison that ignores inflation. AEMO publishes its historical wholesale electricity prices in real June 2024 dollars. South Australia’s average wholesale price in 2023–24 was A$79.53/MWh, compared with roughly A$95/MWh in 2012–13. It was also 40% lower than the previous year’s A$131.90/MWh. [1]
AEMO also specifically identifies increased rooftop and grid-scale solar output as one of the factors contributing to lower wholesale prices. [1]
So there’s a fairly straightforward example: South Australia reached roughly 74% wind and solar generation while its inflation-adjusted wholesale electricity price was lower than it had been around a decade earlier.
That obviously doesn’t mean renewables were the only factor affecting prices - electricity markets are influenced by fuel prices, interconnectors, demand, storage and plenty of other things. But it does disprove the claim that high penetration of wind and solar necessarily results in higher inflation-adjusted electricity prices.
California has the lowest wholesale electricity rate in the country. It's retail electricity rate is the second-highest but that's a problem independent of electricity source.
We could collectively provide a long list of examples across several US states, Europe, and Australia. Is that going to change the minds of people who don't believe it? It will not, the discussion is irrelevant and wasted energy (mental models are rigid, people are irrational and emotion driven broadly speaking), all that matters is the economics.
> Renewables Remain Lowest Cost New-Build Generation; All Generation Faces Increasing Cost Pressure: Despite rising and inflationary cost pressures across all generation technologies, renewables remain the most cost-competitive form of new-build generation on an unsubsidized basis and will account for the majority of near-term capacity additions in the U.S. Continuous upward revisions to demand projections have driven a sharp increase in announced new-build gas generation despite a 15-year high LCOE, which is expected to continue to rise, and historically long development and equipment delivery timelines.
> The world has reached the 3-terawatt threshold of solar power, with the first terawatt taking 10 years to deploy and the next two terawatts taking less than five years.
> Forecasters expect the world to deploy more than 9 terawatts of solar by 2036, with poor countries' share of solar deployment expected to start growing again from this year onward.
> The main constraint for developing countries to adopt solar power is the lack of accessible financing, and the growth of solar power is also limited by the need for energy storage, such as lithium-ion batteries, to absorb excess power.
The global clean tech supply chain will still be around when the US comes around.
The drugs I take inhibit most, if not all, of any emotions I might have, leaving me aggressively data driven by evidence, observations, data, and facts. I am a complex expert system with a pulse.
This specific policy is because one thin-skinned narcissist lost a legal case in Scotland over wind turbine aesthetics. His personality disorder makes him hold grudges forever and lash out and punish unrelated parties. I bet the two of you would get along well!
This is exactly correct ^ and I’m not even aligned with Democrats. There’s no end to the ego and butt-hurt of that man, and conversely, he’s the easiest to exploit via flattery of anyone I’ve ever heard of.
My guy, your account is nearly 10 years old, but your karma is only 36, and you are active on here... there is a reason. You are derisive, and abrasive, and your comments (specifically the ones that get downvoted to hell) are low-effort, and "troll-y".
You seem like you've been successful in life, you didn't get that way being low-effort, so let's apply that level of effort toward this community that has brought so many people together for their love of technology.
you make some fair points .. and I respect you for making them openly (and taking the time to do so!) .. also that ur a real person standing behind your words .. and that carries more weight with me than karma ever will :)
I can be abrasive .. but Id rather own my words including the unpopular ones .. than hide behind a pseudonym or tailor them for approval ..
either way .. you seem like a good human. respect!
Narrative is defined by ideology and the media machinery able to sustain it. Facts are woven in only when serving the desired reality.
If you and I listened to the propaganda on the regular basis, our intuitive knowledge would associate clean energy with isolated from reality snowflake liberals, hippies, abortion, subsidies, as opposed to fossil fuel energy associated with manliness, strength, common sense, “good old values”, military strength, and freedom.
Just like beef (“it’s what’s for dinner”) and a delicious juicy rare steak. See?
I recommend checking out George Lakoff’s work on the power of identity and metaphors. Look up his “moral politics” lecture on YouTube.
Oh that's not nearly the amount of fossil subsidies. Some say it's
$31b/yr direct. If you factor in indirect costs like climate damage, health expenses, oil wars, etc, it's much higher. Renewables are much, much cheaper regardless of a little incentive, if there are any left.
It’s kind of amazing and horrifying at the same time that a democratic country like the U.S. is doing all these shenanigans like blocking clean zero carbon energy, while a communist authoritarian country is massively moving towards clean energy.
Based on what our media and our education system teaches us, one would have assumed that common sense and sound logic would prevail in a democracy, but rather what we see is insane nonsense, paranoia, and misinformation (including about vaccines) prevail in the U.S., to the point of burning piles of money (including the 1.2B in this case) just to satisfy a childish and bully like need to spite and trigger the progressive side (like talking about causing more pollution with the goal of “owning the libs” or triggering “delicious liberal tears”). And we’re talking about massive negative externalities with increased pollution. This kind of childish bully behavior is as though you had a neighbor who cared about not littering in public and the streets being clean, and you just threw garbage on the streets to upset her. A ridiculous level of immaturity, truly.
Meanwhile, we have totalitarian dictatorships (like the Emirates which has heavily moved toward zero carbon electricity sources like solar and nuclear) behaving far more logically, rationally, and soundly with a view towards the long-term rather than the short-term.
I work in renewables in the US. The current picture is actually a lot more positive than people believe. But good news are usually boring at not good for click bait, so they aren’t covered by the media. There’s a lot of work on solar energy currently and the forecast is VERY good. We do have some issues like grid connectivity and shifting policies but the market economics are working extremely well. The fact is solar is too cheap and, unlike wind, very easy to deploy, so it doesn’t matter what your political views are, you will eventually support it. Texas for example, the conservative oil and gas hub of the US, is already outpacing California in total capacity additions because 1) they have tons of land and 2) no BS, quick local permits. So if you are a solar builder, you go to Texas not California. And yes, Texas is still pro fossil fuels, but the laws of supply and demand will continue favoring solar so that’s where the money will flow to.
> fact is solar is too cheap and, unlike wind, very easy to deploy, so it doesn’t matter what your political views are, you will eventually support it
this is my point, too
renewables, especially solar, just have gotten very competitive to a point they will gain ground even if not subsidized
and I believe we will see (and in some niches have already seen) this happening for electric cars, too. They are plain simple just better technology which for now is still in the earlier stages.
How much relevance wind will have we have to see, it's less advantages then solar and less easy to deploy. It's pretty good in some very windy northern (i.e. also less solar efficient) places and often iff it's extremely windy it's not extremely sunny and if extremely sunny it's often not extremely windy. This makes them complement each other quite nicely. So I still see a future for it even outside of the more northern regions.
California has only four really good wind sites, and they already have wind farms on them. The real US wind belt is from the Texas panhandle northward to Canada. Look at a wind map of the US.[1]
Grid-scale battery storage just keeps getting installed at an increasing rate.[1]
9.7 gigawatt-hours installed in Q1 2026.[2]
It's not very visible. It's just shipping containers laid out on cement pads. It doesn't take up that much space. It can be placed anywhere there's good access to transmission lines. It's profitable if you can buy cheap solar power in the daytime and sell it at night. It's safe now that it uses lithium-iron phosphate batteries.
88 days to the midterm elections. Trump will still be in office for a while longer, but with less power to make trouble.
all the US needs is Australia like pricing and combine it with individual energy independence branding + clean long term financing like mortgage and there is no better place in the world to harness the urban sprawl and single family homes for rooftop solar. This assumes utilities and their business models can be quietly upended which is probably the biggest bottleneck
I do perfectly believe that there's a lot of progress in renewables and am happy about it. I also think of how much farther we would have come if it wasn't in spite of 40-50 years of obstruction by governments to satisfy coporate entities stuck in the old world.
> Meanwhile, we have totalitarian dictatorships (like the Emirates which has heavily moved toward zero carbon electricity sources like solar and nuclear) behaving far more logically, rationally, and soundly with a view towards the long-term rather than the short-term.
The difference you’re spotting is the leaders of those nations have some remaining incentive to care about the wealth and wellbeing of the country they’re leading beyond the expiration date of a 4 or 8 year term.
For better and for worse, they have that, the US doesn’t.
It's been a common saying for a long time that a benevolent dictatorship is the best form of government and a tyrannical dictatorship the worst. Democracy exists primarily to avoid the latter, not that it's better than the former.
Neither China nor the UAE can be said to have a purely benevolent dictatorship but it's not purely tyrannical either. So not surprisingly they're better than democracies in some aspects and worse in others.
The sweet spot is representative democracy with a tendency of socialism, to mildly distribute welath and assure social coherence. A voting system which results in a division of force, representing the voters will.
The current US administration calls such things comunism.
The thing we have called "democracy" for the past three hundred or so years is basically just shadow government by whoever has the deepest pockets to influence public opinion with propaganda and pay politicians to do what they want. The politicians get blamed and cycled out while everything continues as before.
this way of thinking, is not very useful and can be pretty harmful,
just because something is imperfect doesn't mean it's fully broken. Just because
people have always manipulated democracy doesn't mean it "basically just shadow government".
And sure, the US is a very bad case, _especially_ in recent years. But also let's not forgot that for most of it's history just one of the countless scandals of Trump would have been enough to highly risk impeachment for a president and be equal to political suicide. I.e. there has been quite a bit of limits on corruption and influences from behind the scene. It's just that the US went and broke itself. And yes a two party system was never truly democratic, it's still better then a one party system nor the same as a full shadow government.
Which brings us to another point, there never was "the" shadow government, just many different people which had way to much influence behind the scene in not so democratic ways. A shadow government implies some form of organization/structure which actually governs and then puppets in front, but that was never really the case in the US AFIK. Even today it isn't as a lot of the escalating corruption is just pretty much out in the open by the governing people, instead of in any shadow, by people not in a official position.
Money is deep on both "sides". It didn't help Harris to have the most either. But you can't deny that some political steerage toward donor agendas occurs.
Nobody with cursory knowledge of the US voting system would though.
Edit: to the downvotes, our system doesn't care about popular vote, and neither do the most democratic/left left leaning states, who don't care to use proportional voting.
Its because democracies werent and arent really democracies.
But that aside. Corruption is rampant, the oil sector has politians in their pocket for a long long time and since the cold war, a counter narrative doesnt really put any weight in the scale. The billionaires arent afraid anymore.
I do think authoritarianism on its own is bad. I want the freedom to criticize my government, and I want the freedom to run for elections or to advocate for changes I want to see. I think democracy and logical long-term thinking shouldn't be mutually exclusive. I feel democracy and sensible behavior are two not connected things.
You can have idiotic authoritarian governments that ruin the economy. China and Vietnam were exceptions among communist countries, who switched to a form of market economy, when they saw that central planning was poverty-inducing and nigh impossible to do.
The problems we're seeing in democracies might lie with the level of disinformation for electioneering purposes that is permitted under free speech today.
As an atheist I wouldn't survive in Texas for 15 seconds lol. I think I'll stick to my little Euro socialist country where politicians don't swear on a bible.
That communist country is sitting on a year’s worth of oil reserves, and rolls out a ton of coal for when they run out of oil. Makes you wonder why… almost looks like they know they’re going to be under complete sanctions sometime soon!
That communist country also likes the current war in Iran. They get all that oil cheap for their reserves stockpile.
While paying out 1.2 billion dollars.