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.
- Will EU Member States Live Up To Their Common Fisheries Policy Commitments? Posted Thu, September 25, 2014
- Ocean Roundup: Sand Tiger Shark Embryos Found to Eat Each Other, Wind Turbines Could Weaken Hurricane Intensity, and More Posted Mon, September 29, 2014
- In Honor of Sea Otter Awareness Week, Ten Fun Facts about Sea Otters Posted Wed, September 24, 2014
- Ocean Roundup: Gulf Businesses Won’t Return BP Payouts, Whales May Have More than One Spleen, and More Posted Fri, September 26, 2014
- Creature Feature: Leatherback Sea Turtle Posted Mon, September 29, 2014