CleanTechnica•about 1 month ago
Hawaiʻi’s LNG Business Case Was Overly Optimistic & Built On A Broken Spreadsheet
- •Hawaiʻi's LNG business case was critically flawed, omitting the cost of the LNG fuel itself, leading to a significant underestimation of actual power costs.
- •This revelation undermines the economic viability of LNG-based power, making it less competitive than previously projected and likely increasing energy costs for large consumers and the grid.
- •The findings, highlighted by the Sierra Club, will force a major re-evaluation of Hawaiʻi's energy policy, potentially accelerating the transition away from fossil fuels.
ccgtemissionsfinancing