March 16, 2016
Massachusetts

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

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.

URL to article:  https://www.wind-watch.org/news/2016/03/16/study-state-commitment-could-halve-offshore-wind-costs-over-next-decade/