LNG Won’t Shield Hawaiʻi From the Next Energy Crisis
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Hawaiʻi’s LNG turn was sold as a practical answer to a practical problem. The state has high electricity prices, aging oil-fired generation, isolated island grids, and political pressure to cut bills without creating reliability problems. HSEO’s January 2025 alternative f...
The strongest version of this narrative is that Hawaiʻi’s consideration of LNG as a bridge fuel is based on flawed assumptions about global energy market stability. The HSEO study’s reliance on average fuel prices and its failure to model volatility understate the risks of LNG dependence. Recent crises, such as the 2022 and 2026 LNG price spikes, demonstrate that global energy markets are inherently unstable, and long-term contracts may not provide the security they promise. The proposal’s assum...
