DOE Gives Huge Boost to Clean Energy by Awarding Nearly $150 Million to Three Offshore Wind Projects
The promising future of a thriving domestic offshore wind industry moved one step closer to reality yesterday when the Department of Energy (DOE) selected three offshore wind demonstration projects, including a floating wind project on the West Coast, to receive $47 million each to help the projects deploy and begin delivering clean electricity by 2017.
The Senate Finance committee gave a strong bipartisan show of support for domestic offshore wind energy yesterday by voting to extend the critical investment tax credit. This vote resurrects a crucial incentive for this nascent clean energy industry and offers a great chance to catapult the industry into the mainstream and allow companies to plan successful projects that take advantage of the nation’s vast offshore wind potential.
- Ocean News: Cape Cod Embraces Shark Spottings, Rare White Southern Right Whale Calf Spotted off Australia, and More Posted Tue, July 29, 2014
- No-Take Zones in Belize Could Rebuild Conch, Lobster, and Grouper Populations Posted Tue, July 29, 2014
- Impacts of Climate Change on Highly Migratory Species Prioritized in NMFS Management Plan Posted Tue, July 29, 2014
- Ocean News: Regulators Propose Whale Sanctuary in the Canary Islands, Harbor Seals Found to Forage around Wind Farms, and More Posted Thu, July 24, 2014
- Ocean News: Climate Change Threatens Red Knots, Pacific Island Leaders Meet to Discuss Ocean Conservation, and More Posted Wed, July 30, 2014