30 Nov '17, 3pm

Companies Helping New York Take the Lead in Offshore Wind

The Lieutenant Governor of New York, Linda Hochul, has predicted that the state will be a world leader in off-shore wind power – a bold assertion for a state that still derives three-quarters of its electric power from fossil fuels. Natural gas has become the most important fossil fuel source. Yet in 2016, for the first time, over one million megawatt hours of electricity were sources from solar power and 24% of electricity is generated by renewable sources. This is remarkable given that just a few years ago even that accomplishment was given very low odds. There appears to be some reasons for confidence in other renewable power sources. Just a month ago the October 20 th post “ Firsts for Deepwater Wind ” outlined the success of that company in building and operating five wind turbines off the coast of Block Island. Technically Block Island is part of Rhode Island, but th...

Full article: http://www.altenergystocks.com/archives/2017/11/companies...

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