US Offshore Wind Projects: Goverment to Underwrite Costs

The New York Times
Sunday, December 16, 2012

The federal government is stepping up its efforts to kick-start the offshore wind industry by awarding $28 million in grants to seven development projects.

The Department of Energy informs that each developer would receive up to $4 million to complete the engineering, design and permitting phases of their projects in six states. Three of the seven will then be selected to receive up to $47 million over four years, subject to Congressional appropriations, for construction and installation, with the aim of having them begin commercial operation by 2017. So far, no offshore wind farm is operating in American waters, reports The New York Times.

The projects are in Maine, New Jersey, Virginia, Texas, Ohio, and Oregon. In New Jersey, one project plans to install as many as six direct-drive turbines in state waters three miles off Atlantic City, using a bottom-mounted design that is intended to minimize environmental impacts.

Source: The New York Times


 

Categories: Contracts Offshore Wind Power

Related Stories

Charting the Evolving U.S Offshore Wind Landscape

Finnish Port Set for Offshore Wind Overhaul

Shell Condemns Australia's LNG Plans

Current News

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Subscribe for Maritime Logistics Professional E‑News