Senate Bill Would Spur Investment in Elusive Deepwater Offshore Wind Potential
Deepwater Offshore Wind Incentive Act would provide a tax credit of 3.04 cents per kilowatt of deepwater offshore wind production in the U.S.
Deepwater Offshore Wind Incentive Act would provide a tax credit of 3.04 cents per kilowatt of deepwater offshore wind production in the U.S.
Experts estimate that over 1,000 GW of wind energy could be built off the East Coast of the United States alone. And while there are no offshore wind farms currently in operation (or even under construction) in the US, there are a number of projects in the development pipeline, the most famous of which is [...]
First it was Massachusetts, then Delaware, New Jersey, Rhode Island and New York all made noise in the race to become the first U.S. state to have an offshore wind farm. Now, North Carolina may steal the show by becoming the first state to put a turbine in its waters. One of the U.S.’ largest utilities, [...]