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Cape Wind Gets Final Approval, Could Begin Construction This Fall

22/04/2011

 
It’s official:  the U.S. is definitely getting its first offshore wind farmCape Wind has gotten final approval and could begin construction as early as this fall.

Yesterday, the Interior department signed off on the construction and operation plan for the large offshore wind farm and said it should send a signal that the U.S. is ready for major renewable energy development.  The department hopes it will spur investment from the international community in more U.S.-based energy projects.  Let’s hope the ten years it took to get Cape Wind approved won’t be a deterrent.

The project is all set from a regulatory perspective but it still needs utility contracts for half of the power it will produce.  National Grid has already agreed to purchase the first half.

via National Journal

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