NewEnergyNews: New Hints Of An Ocean Wind Boom

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    Thursday, January 05, 2017

    New Hints Of An Ocean Wind Boom

    Federal leasing for offshore wind grows as first U.S. offshore wind farm comes online

    December 30, 2016 (U.S. Energy Information Administration)

    “…The first commercial U.S. offshore wind farm, [the five turbine, 30 MW Block Island project, came] online in late 2016…The high cost of current electricity sources on [Rhode Island’s] Block Island helps to reduce the economic hurdles typically associated with power from offshore wind…[Developer Deepwater Wind] holds two additional leases off the coasts of Rhode Island and Massachusetts for future developments…The National Renewable Energy Laboratory estimates that the United States has 4,200 gigawatts of potential offshore wind energy, with the majority of that potential in federal waters…[The Bureau of Ocean Energy Management (BOEM) awards leases in pre-qualified, environmentally safe areas] through a competitive bid system…To date, it has issued 11 commercial leases in federal waters…[The purchase of a lease is a significant indicator of interest in development]…” click here for more

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