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Kathie’s Question: Do you think Congress will consider offshore wind in 2012?

By Kathie Zipp | January 18, 2012

offshore windI recently read a blog that did a very nice job of outlining the successes and hurdles of U.S. offshore wind so far. The American Progress team notes…

Successes:

Cape Wind received its final permits

Obama initiative designated wind energy areas off the Atlantic Coast and is pursuing leases 

New Jersey, Texas and Ohio have projects in planning and permitting stages

Public opinion is for wind and solar rather than nuclear

Hurdles:

DOE says Cape Wind isn’t eligable for a loan guarantee 

NRG Bluewater Wind backs out of power-purchase agreement with Delmarva Power because of insufficient investment interest 

 

saying the answer lies in Congress’s creation of a loan guarantee program and support of tax credit to reassure investors.

Do you think 2012 is the year Congress finally listens?


Filed Under: News, Offshore wind

 

About The Author

Kathie Zipp

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