NewEnergyNews: First U.S. Offshore Wind Is A Game-Changer

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    Thursday, November 03, 2016

    First U.S. Offshore Wind Is A Game-Changer

    Why the Country’s First Offshore Wind Farm Is Such a Big Deal; Wind energy is getting really, really cheap.

    Katie Fehrenbacher, October 26, 2016 (Fortune)

    “…[When the Block Island wind project — the first offshore wind farm in U.S. waters — begins operating off the coast of Rhode Island] before the end of this year, history will be made…[B]ut there are now almost a dozen [more offshore wind projects now] planned for the region…[largely because over] the past six years the price of wind energy has plummeted, finally becoming cost-competitive with traditional power. And while offshore farms are still significantly more expensive, they have become increasingly appealing for coastal states with little open space, large urban populations, and soon-to-be-retired nuclear plants…[T]he U.S. industry will still need government incentives, like the game-changing law Massachusetts passed this past summer that requires the state’s utilities to buy 1.6 gigawatts of energy from offshore wind farms over the next decade. Expect plenty more ocean views to feature turbines.” click here for more

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