$2 Billion LNG Project Slammed by Hawaii's Energy Independence Advocates
The proposed $2 billion liquefied natural gas (LNG) project by JERA in Hawaii has been met with skepticism, with some arguing that it would be a missed opportunity for the state to become energy independent. Ratepayers and taxpayers will bear the cost of the $2 billion without any long-term return on investment. Instead of purchasing a long-term subscription for offshore fuel, which could include biofuel subject to market forces and supply interruptions, the state should consider subsidizing containerized battery storage units.
Distributed storage can store excess solar energy during the day and release it during the evening, reducing peak load demand and stabilizing electrical bills. The storage can also replace emergency generators. By investing in this technology, Hawaii can keep energy dollars within the state for investment in housing, agriculture, and social services rather than sending them offshore.