This article strikes a somewhat pessimistic tone, but let me offer some thoughts. First, electricity might be cheaper overall down here but there are times when we REALLY NEED it - see ERCOT and MISO recently. So wind could be combined with large-scale storage like hydrogen. And you’d qualify for 45V tax credits even under the strictest additionality stipulations! There’s plenty of pore space out there for storage. https://heatmap.news/economy/gulf-mexico-leases-offshore-wind
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