Articles filed under Offshore Wind

Maryland's governor tells state Senate panel offshore wind bill would create hundreds of jobs

Jeff Zellmer of the Maryland Retailers Association told committee members the measure would cost jobs, not create them. The bill would limit rate increases for residential customers to $1.50 a month and businesses to 1.5 percent. However, Zellmer said supermarkets operate on a 2 percent profit margin and electricity is the second-largest cost for grocery chains.
14 Feb 2013

Maryland ocean turbines seen powering U.S. offshore power

Offshore wind has been a harder sell. Installing turbines that can withstand harsh maritime environments is more costly than planting them in the middle of a field, said Chris Long, manager of offshore wind and siting policy for AWEA, a Washington-based trade group whose members include General Electric Co. and the U.S. unit of Spain’s Iberdrola SA.
11 Feb 2013

An unwise wind plan is back in Maryland

Backers of offshore development point out that the winds off Maryland's coast are strong, a nearby energy resource that the state should exploit. But if the most efficient way to meet the mandate is to build offshore wind farms, then offshore wind farms will prosper under existing policy. If it's not, then they should not be built.
11 Feb 2013

LePage administration right to oppose offshore wind project

The truth is that the project's benefits to Maine are ambiguous, while the costs to our state are clear and real -- nearly $200 million will need to be subsidized by Maine families and businesses. This is the wrong direction for developing a new industry and antithetical to improving Maine's business climate and reducing the energy bill burdens on Maine families.
3 Feb 2013

Divided regulators approve offshore wind energy project

The decision did not please Gov. Paul LePage, who blasted it in a release Thursday afternoon. "Today's decision by the PUC and any policy that raises electricity costs is irresponsible. Maine has the 12th-highest energy costs in the country and this vote forces Mainers to pay even higher prices for the next 20 years," LePage said.
25 Jan 2013

PUC approves $120M offshore wind project

The Maine Public Utility Commission today approved the terms of a project proposal by Norwegian energy giant Statoil to build a $120 million deepwater wind turbine demonstration project in the Gulf of Maine. Commission members voted 2-1 in favor of the proposal, but placed several conditions on their approval that Statoil must meet.
24 Jan 2013

Offshore wind development still faces hurdles

"[Duke Energy] has been committed to supporting research and study of wind energy generation, and we continue to believe there is good wind off the North Carolina coast, but we also recognize that any development in wind off the coast of the state has to make sense for our customers, the coastal communities and the company as a whole."
24 Jan 2013

Offshore wind energy project faces critical vote

Statoil submitted a proposal last year to the PUC that included the rate of 29 cents per kilowatt hour, roughly double what Maine household customers now pay for energy and delivery. In its new proposal, Statoil trims the rate to 27 cents/kwh. That's still well above market rates and would total $186 million over the life of the 20-year contract.
23 Jan 2013

Despite positive signs, future of N.J. wind energy remains uncertain

"I think wind energy is a good thing but they have to be very careful about ratepayer subsidy," said Stefanie Brand, executive director for the Rate Counsel, essentially the state's watchdog. "Unless we are going to get a greater benefit than it costs us, money wise and environmental benefit, we can't ask ratepayers to subsidize it." Fishermen's Energy, whose website says it will begin construction this year, is still trying to convince the BPU about those benefits.
20 Jan 2013

Co-sponsors ensure passage of wind energy bill

The bill has yet to be introduced, but his administration announced that it would include a provision for residential customers to be charged no more than $1.50 a month on their electric bills to subsidize the costly process of building a 200 megawatt wind farm off the coast of Ocean City.
19 Jan 2013

Breaking new ground on grid rules

Among the "firsts" being attempted by the Atlantic Wind Connection,the venture seeking to build an electric transmission line from southern Virginia to northern New Jersey, is negotiating the regulatory system. The problem is that the cable, which would be buried under the seabed, is what grid officials call a "multidriver project," or a project that is undertaken for more than one reason.
15 Jan 2013

O'Malley readies new offshore wind bid

Under the governor's bill, the state would require Maryland's electricity suppliers to furnish up to 2.5 percent of their power from offshore turbines by 2017. And it offers a subsidy to encourage the construction of enough turbines off the coast to generate 1 percent of the state's energy needs, by guaranteeing developers a fixed price for the power they produce.
13 Jan 2013

http://www.windaction.org/posts?p=24&topic=Offshore+Wind&type=Article
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