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.
- High Level of Seafood Fraud Found in Denmark Posted Sat, September 20, 2014
- Ocean Roundup: Shark-Eating Dinosaur Fossils Discovered, Germany Paving Way for Cheaper Wind Energy, and More Posted Mon, September 15, 2014
- Oceana Magazine: Arctic Assets Posted Thu, September 18, 2014
- Ocean Roundup: Leatherback Coloration May Play Important Role, UK Sees New Voluntary Seafood Labeling Scheme, and More Posted Wed, September 17, 2014
- Photos: On International Coastal Cleanup Day, Five Ways to Help the Oceans Posted Fri, September 19, 2014