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Study: state commitment could halve offshore wind costs over next decade  

Credit:  By Mike Lawrence | Mar. 15, 2016 | www.southcoasttoday.com ~~

BOSTON – A state commitment to develop offshore wind power at a scale of 2,000 MW could cut costs of the renewable energy in half over the next decade, according to a new study by industry supporters.

“That kind of cost reduction, driven by market forces, will put offshore wind on a clear path to deliver clean power at competitive prices for millions of ratepayers in the Boston area and beyond, and make the renewable resource a key contributor to the state’s clean energy future,” states a press release announcing the study, conducted by the University of Delaware’s Special Initiative on Offshore Wind.

The initiative is affiliated with the university’s College of Earth, Ocean & Environment, and “supports offshore wind power as part of a comprehensive US energy solution, offering expertise (and) analysis…to build understanding and drive deployment,” the release states.

SouthCoast legislators and offshore wind industry advocates are pushing for a significant “carve-out” for offshore wind in broad energy legislation that could be drafted this spring on Beacon Hill.

Source:  By Mike Lawrence | Mar. 15, 2016 | www.southcoasttoday.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

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