Offshore wind farm could save $4.6 billion over 25 years

Below are several links, including one to a press release found on Sustainablebusiness.com about a report published by economic consulting firm Charles River Associates. That report apparently suggests that the Cape Wind offshore wind farm alone could save $4.6 billion – that’s with a B – over the next quarter century.

The proposed project would be off the coast of Massachusetts in Nantucket Sound. It is not stretch that proportionally similar savings could be realized from the eventual construction of a proposed project off Maine’s coast.

Of course, such reports usually are funded by the agency that would benefit. Cape Wind Associates LLC funded the report, according to a news story about the report.

Here’s a link to Friday’s press release: “Cape Wind Report: Offshore wind will cut electric prices by $4.6B

Here’s a link to a previous press release about delays: “Cape Wind faces new obstacle

Here’s a link to Thursday’s story in the Cape Cod Times about the report: “Cape Wind savings pegged at billions

Here’s a link to Cape Wind’s website: http://www.capewind.org/.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s