Tag: Cape Wind

Offshore wind has two strikes against it in New Jersey and Delaware. Cape Wind off Massachusetts’ Nantucket Sound is fighting to stay alive in extra innings. Now Maryland is trying to get ‘on base’ with a second bid by Governor Martin O’Malley which is halfway toward approval (at this writing) by the state’s General Assembly….

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Following a path carved by the solar industry, developers of offshore wind energy projects along the Mid-Atlantic U.S. coast are closing in on one model to finance the multi-billion dollar systems they aspire to build. The developers envision a process that will earn one renewable energy credit for every 1,000 kilowatt hours (or 1 megawatt…

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Power purchase agreements – aka “PPAs” – are an established tool for spreading the cost of energy over 20 years or longer as a means of ensuring a revenue stream for renewable energy project developers, stabilizing and predicting energy costs and displacing dirty coal with cleaner sources of electricity. The time has come in just…

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With Maryland’s announcement this week of the progress it’s making¬†to¬†attract 1 GIGAwatt’s worth of wind energy capacity ( or 1,000 megawatts, equal to about 300 turbines) offshore at Ocean City, the Free State joins Delaware, New Jersey and Massachusetts in the race to become a hub of wind energy deployment and manfucturing on the U.S….

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