This presentation reviews Virginia's offshore wind background and accomplishments. It addresses VOWTAP project specifics
Economic Impact & Financing
The purpose is to assess the estimated economic impact of a 40 MW demonstration offshore wind farm off South Carolina, including electric rate impacts.
To develop its offshore wind resource responsibly and thoughtfully, New York State is crafting an Offshore Wind Master Plan (Master Plan). While the Master Plan is not expected to be released until 2017, this initial Blueprint serves to outline New York State’s comprehensive offshore wind strategy and advance the State’s Reforming the Energy Vision (REV) strategy.
A new study by the University of Delaware's Special Initiative on Offshore Wind (SIOW) reports that a commitment by Massachusetts to develop offshore wind (OSW) energy at a scale of 2,000 MW, combined with ongoing technology and industry advances, will lower previously projected costs for the clean energy source by as much as 55 percent in the next decade.
In a letter to Governor Christie, Senators, legislators, organizations, and businesses urge the Governor to incentivize offshore wind development as directed by the Offshore Wind Economic Development Act by requiring the BPU to implement OREC rules.
This document is available online at: http://www.environmentnewjersey.org/news/nje/shore-wind-letter-gov-christie
The bill would extend expired provisions for two years—retroactively from January 1, 2015, through December 31, 2016. The bill would extend the PTC and ITC, and includes modifications to some of the expired provisions, as well as a few revenue raising provisions.
This document is available online at: http://www.finance.senate.gov/hearings/hearing/?id=19ebd115-5056-a055-6476-dfa0734f0773
The database provides summaries of federal financial incentives and rules, regulations, and policies that promote renewable energy and energy efficiency, including: business energy investment tax credit (ITC); renewable electricity production tax credit (PTC); and, section 1603 Department of Treasury renewable energy grant program.
Link to DSIRE website: Federal page
From the Introduction and Overview: "This report was prepared to make certain that the Commission's offshore wind procurement, evaluation, and selection process (i) is as fair, transparent, and workable as possible, (ii) leads to robust and competitive bids, and (iii) preserves the ratepayer protections defined in the Maryland Offshore Wind Energy Act of 2013."
This NREL analysis takes a look at the US offshore wind market and discusses the barriers and challenges to growing the industry. Technological advances, siting strategies, risk reduction, and accelerated permitting can all play a significant role in driving the US market.