Cape Wind in the Sails/Sales of Offshore Energy

By April 29, 2010Energy

Interesting that The Baltimore Sun considers the Department of Interior’s approval of the Cape Wind project page one news. From “Offshore wind farm wins OK:

The Obama administration’s approval of the nation’s first offshore wind farm near Cape Cod in Massachusetts buoys prospects for similar renewable-energy projects off Maryland’s shore and elsewhere along the Atlantic coast, proponents say.

But it may still be several years — if ever — before turbines are spinning wind into electricity off Ocean City, state officials note.

The Sun’s financial columnist, Jay Hancock, provides more context at his blog, “Wind energy still expensive, relatively rare.”

The Washington Post reports Interior’s approval as the equivalent of a done deal. From “Offshore wind farm near Cape Cod, first in U.S., gets federal approval“:

Ending a nearly decade-long political battle over installing wind turbines in the waters just off Cape Cod, the federal government approved the first offshore wind farm in the United States on Wednesday, a move that could pave the way for significant offshore wind development elsewhere in the nation.

Political battles at an end? Oh, probably not. The legal battles are certainly not. From The Boston Herald, “Angry project foes ready court fights“:

“The fight is far from over, said Audra Parker, executive director of the Alliance to Protect Nantucket Sound. “It will ultimately be decided in a court – and based on facts, not politics.”

And even more important context, or lack thereof:

Yesterday, Salazar and Massachusetts Gov. Deval Patrick admitted that they don’t know what the project will mean for electric ratepayers. They said they don’t know how much the project will cost, even though one-third of the bill will be paid by taxpayers.

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