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We should not be distracting ourselves with offshore wind technology and should instead be focusing on expanding cheap power generation (gas, coal) and pushing for new nuclear builds and more fusion research to address environmental concerns.
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In 2026 utilities will install 86 GW of new generation, of which only 6 GW will be natural gas. The other 80 GW will all be solar, wind and battery storage. Utilities are doing this because of economics. Environment is secondary. Even oil and gas rich Texas has been aggressively adding solar, wind and battery.
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Coal is not cheap. At least support oil/gas if you're going to push this cost sensitivity schtick
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Wind is one of the cheapest sources of electricity available. Even if you are a completely brain-dead climate change denier it makes sense from a financial perspective.
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In this specific case the CEO stated that gas is the cheaper choice given their ~$1B they can spend.
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