When asked to select from a variety of sources to help the state increase its energy
supply, more than 90 percent of the 949 Delaware residents responding to the survey supported an offshore wind option — in which whirling wind
turbines as tall as 40 - story buildings would be erected off the coast to generate electricity — even if wind power were to add
between $ 1 and $ 30 per month to their electric bills.
In particular, depending mainly on (i) exactly how much abatement might be required over 2019 - 23, (ii) the amount and availability of combined - cycle gas -
turbine (CCGT) generation capacity with the required efficiency levels, and (iii) the evolution of commodity prices
between now and 2021, the carbon price required to plug the
supply gap could be lower or higher than the levels we have imputed from our modelling of the
supply - demand dynamics in the EU - ETS over 2019 - 23, and the fuel - switching price levels implied by current forward curves.