20 Mar '17, 9am

U.S. Wind Energy Blasts Forward With New $9 Million Offshore Lease

U.S. Wind Energy Blasts Forward With New $9 Million Offshore Lease

Some energy analysts are optimistic that renewables will continue to surge under the Donald Trump administration, with or without help from the Clean Power Plan . Part of that cheerful outlook is due to huge renewable energy buys already in the pipeline. These projects will be difficult if not impossible to reverse. A case in point is the latest news from the U.S. Department of the Interior, which just announced a $9 million winning bid in auction for more than 122,000 acres of offshore wind energy development in the waters of North Carolina, at Kitty Hawk. More American offshore wind energy The U.S. has been a bit slow to join the global offshore wind market . But the long, relatively shallow Atlantic coastline is a tantalizing prize for renewable energy stakeholders. According to one study, there is enough wind potential off the Atlantic coast to power every city on the ...

Full article: http://www.triplepundit.com/2017/03/u-s-wind-energy-blast...

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