North Carolina

Projects

  • Under Development:  A section of the 2009 General Appropriation Act authorized the construction of up to three demonstration offshore wind turbines in the Coastal Wind study area, with renewable energy certificates allocated between the University of North Carolina and a contracted third party developer (Duke Energy)— the project has since stalled.  Apex Wind Energy filed in 2010 a request for commercial lease to 24 Outer Continental Shelf (OCS) lease blocks, encompassing 213.5 square miles (136,640 acres).

Policy, Planning, & Regulations

Supporting & Complementary Assets/Infrastructure

  • Transmission & Grid Interconnection:  The North Carolina Transmission Planning Collaborative's (NCTPC) 2010-2020 Transmission Plan estimated that integrating 3,000 MW of offshore wind into the service territories of Duke Energy and Progress Energy would cost between $0.5-$1.3 billion (four options presented).  The Collaborative's 2011-2021 Transmission Plan found similar cost ranges in injecting 5,000 MW (off-peak) and 2,050 MW (on-peak).
  • Supply Chain:  The North Carolina Commission on Workforce Development cited offshore wind as an emerging opportunity for coastal areas of the state in its State of the North Carolina Workforce 2011-2020 report.
  • Supply Chain:  The 2012 North Carolina Maritime Strategy envisions the offshore wind market as a future expansion of existing roll on/roll off and oversize cargo capabilities at the Ports of Morehead City and Wilmington.

Economic Fundamentals

  • Population: 9.7 million (10th in US, 2011)¹
  • Population change (2000-2010):  18.5%²
  • Civilian labor force:  4.7 million (9th in US, 2012)¹
  • Median hourly wage (all occupations): $15.16 (2011)³
  • State corporate income tax rate: 6.9% (2012)⁴
  • Per capita personal income:  $36,164 (39th in US, 2011)¹
  • Residential electricity prices:  10.97 cents/kWh (2012)¹
  • Commercial electricity prices:  8.76 cents/kWh (2012)¹
  • Industrial electricity prices:  6.28 cents/kWh (2012)¹
  • Total energy production: 575 trillion Btu (0.7% of US, 2010)¹
  • Net electricity generation:  8,737 thousand MWh (2.8% of US, 2012)¹
  • Total energy consumption per capita:  283 million Btu (36th in US, 2010)¹
  • Carbon dioxide emissions:  73,240,828 metric tons (3.1% of US, 2010)¹
  • Sulfur dioxide emissions:  130,673 metric tons (2.4% of US, 2010)¹
  • Nitrogen dioxide emissions: 57,407 metric tons (2.3% of US, 2010)¹
  • Total estimated technical offshore wind potential generation:  1,269,627 GWh (7.5% of US, 2012)⁵

References:  U.S. Department of Energy’s Energy Information Administration (EIA)¹; U.S. Census Bureau²; U.S. Department of Labor, Bureau of Labor Statistics (BLS)³; Tax Foundation; and, U.S. Department of Energy, National Renewable Energy Laboratory (NREL)