The Interior Department announced this week it will hold America’s second-ever competitive lease sale for offshore wind on 112,800 acres located 23.5 miles from Virginia Beach with 2,000 megawatts potential renewable energy capacity.
Offshore wind power may yet not match the overall strength of onshore wind, but the industry is on course grow rapidly to become an €130 billion annual global market by 2020.
A new report from industry consultants Roland Berger, “Offshore Wind Toward 2020,” concludes a combination of industry trends will soon make offshore wind cost competitive with other generation sources in many markets.
Large-scale offshore wind energy will soon be a reality in the state of Maryland, thanks to the recent approval of the historic “Maryland Offshore Wind Energy Act of 2013.” The bill will earmark $1.7 billion dollars for the development of an offshore wind farm along Maryland’s coast. The wind farm … [continued]
By Chelsea Drenick At the end of 2012, the European market boasted a cumulative 4,995 MW capacity from 55 offshore wind farms and the United States market boasted a total capacity of zero. As disheartening as that might sound to American renewable energy proponents, it looks like our first offshore wind … [continued]
America is at a turning point toward harnessing 52 GW of generation capacity, 300,000 jobs, and $200 billion in economic activity from offshore wind. […]
The wind power tax credit extensions have been passed in bi-partisan fashion by a 19-5 vote as part of broader tax cut extension bill. Greeted with guarded optimism by US wind power market and industry participants and supporters, some of the largest US electric utilities, including Exelon, are lobbying against further progress. […]
According to the Bureau of Ocean Energy Management (BOEM), offshore wind power in the Atlantic has the potential to generate 1,000 GW of power. The US does not have any commercial offshore wind power farms currently, though. The fact that the US is such a wealthy and technologically advanced country with some environmental awareness … [continued]
Floating wind turbines are quite a popular concept. On the one hand, I think people simply like when large human-made technologies and constructions float — it’s so counter how things typically are in our world. More pragmatically, floating wind turbines are exciting because they could allow us to harness … [continued]
Cape Wind– developer of the largest offshore US wind power project development proposed to date, as well as the most hotly contested– today announced that it’s selected the joint venture team of Cal Dive International, Cashman Equipment Corp and Flatiron Construction to build America’s first offshore wind farm in Nantucket Sound.
A comprehensive University of Delaware-Center for Carbon-free Power Integration analysis and report employs Coastal and Marine Spatial Planning (CMSP) in setting a firm foundation for inclusive, informed planning and decision-making for offshore wind farms and other oceanic renewable energy projects.
