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Study: state commitment could halve offshore wind costs over next decade 

Credit:  By Mike Lawrence | Mar. 15, 2016 | www.southcoasttoday.com ~~

BOSTON – A state commitment to develop offshore wind power at a scale of 2,000 MW could cut costs of the renewable energy in half over the next decade, according to a new study by industry supporters.

“That kind of cost reduction, driven by market forces, will put offshore wind on a clear path to deliver clean power at competitive prices for millions of ratepayers in the Boston area and beyond, and make the renewable resource a key contributor to the state’s clean energy future,” states a press release announcing the study, conducted by the University of Delaware’s Special Initiative on Offshore Wind.

The initiative is affiliated with the university’s College of Earth, Ocean & Environment, and “supports offshore wind power as part of a comprehensive US energy solution, offering expertise (and) analysis…to build understanding and drive deployment,” the release states.

SouthCoast legislators and offshore wind industry advocates are pushing for a significant “carve-out” for offshore wind in broad energy legislation that could be drafted this spring on Beacon Hill.

Source:  By Mike Lawrence | Mar. 15, 2016 | www.southcoasttoday.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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