New England getting first US offshore wind farm
The federal government will auction leases for 2 sites with the potential to power a million homes.
A milestone was passed this week in ongoing government and commercial efforts develop renewable energy resources.
On Tuesday, Secretary of the Interior Sally Jewell, along with the director of the Bureau of Ocean Energy Management, announced the feds will auction leases for offshore wind farms along the New England coast in an area about 9 nautical miles off Rhode Island and Massachusetts.
The bureau will auction the nearly 165,000-acre area as two separate leases starting at the end of July. A report issued last month by the National Renewable Energy Laboratory says the two so-called Wind Energy Areas could produce more than 3,400 megawatts -- enough energy to power more than a million homes.
At least nine businesses have expressed interest in taking part in the auction, including the Spanish energy company Iberdrola Renewables (IBDRY), Boston company Energy Management Inc. and Ireland's Mainstream Renewable Power.
BOEM director Tommy Beaudreau says those companies have been screened to ensure they're legally, technically and financially qualified to take part.
"They represent pioneers in a new energy frontier as participants in America's first offshore wind energy auction this July," he said in a press statement. "We congratulate them on their entrepreneurial spirit and look forward to overseeing a fair and competitive leasing process."
So far, the U.S. has no offshore wind farms, although several are currently under development. The federal government has been working to speed offshore renewable energy projects by improving coordination among state, local and federal partners.
"We are moving closer to tapping into the enormous potential offered by offshore wind to create jobs, increase our sustainability and strengthen our nation's competitiveness in this new energy frontier," Secretary Jewell said. "As we experience record domestic oil and gas development, we are also working to ensure that America leads the world in developing the energy of the future."
Alternative energy advocates say wind power, especially along America's coastline, needs additional development.
"That's just a fraction of what we could be tapping into with this clean energy resource just off our shores," Nancy Sopko, with the conservation group Oceana, said during an interview with The Associated Press.
I guess now they can live with a few red lights in the distance along the horizon. Ah, progress.
“New England getting first US offshore wind farm”
You can grow wind on a farm? Offshore to boot?
About time wind farms, solar farms and further experiments with other forms of renewable energy.
How about inline hydro dams or maybe tidal energy or hydrogen fuel from water.
To build the atomic bomb the government rounded up and sequestered our top scientist of that time to build weapons of mass destruction, well lets do the same thing with renewable energy. And other environmental and conservational issues. Lets take science and innovation to take care of humanity not to make the greedy elite richer, but to enrich the lives of all and to turn the tide of pollution on planet earth.
To borrow from JFK
Ask not what the planet and humanity can do for you but what we can do for the planet and humanity.
Perhaps redesigning our communities were housing and transportation are more efficient and jobs are created were all can have homes and secure futures.
Without giving up personal freedom or trampling on the constitution.
First U.S. offshore wind farm? I think not - Kodiak Island, AK, was up and running in 2009. While our government has more than its' fair share of faults and mistakes, our media does too. Another fine example of two giants misleading the public. Time to get it right people!!!
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
A basic income policy can actually ensure a decent standard of living for everyone.
- People left $500,000 in coins at airports last year
- How your driving can affect your credit
- Obamacare projected to cost hundreds of billions less
- November jobs report: Winners and losers
- Student loan debt climbs for 5th year in a row
- Wall Street finally notices Bitcoin
- Part-time workers hurt by on-call system
- 5 myths about late payments and your FICO scores
- Auto loan interest rates hit record low
[BRIEFING.COM] A solid November employment report translated into a solid day of gains for the major averages. While there was some talk that the encouraging job growth raised the odds of the Fed announcing a tapering at its December meeting, the message of the markets today was either that it didn't believe there would be a tapering this month or that it doesn't fear a tapering this month.
It was just one day, yet there was ample meaning wrapped up in the connection that the 10-yr ... More
More Market News
The Fed may start tapering in just a few months. Here are a few of the likely winners and losers.