Economic Impact & Financing

MassCEC Awards Contract to Study Offshore Wind Potential

Source/Sponsor: 
Massachusetts Clean Energy Center
Creator/Author: 
www.offshorewindindustry.com
Description: 

The Massachusetts Clean Energy Center (MassCEC) last week awarded Ramboll Environ and team partners a contract to assess untapped offshore wind energy potential within the Commonwealth of Massachusetts. The Offshore Wind Ports & Infrastructure Assessment encompasses a series of tasks, key among them an evaluation of underdeveloped waterfront sites in Massachusetts that could potentially be acquired and developed through private investment to support both near-term and long-term offshore wind activities. 

 

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Publication Date: 
Tuesday, February 14, 2017
50 KB
Resource Type: 
Document

BOEM Contracts for Tourism Study on Block Island Wind Farm

Source/Sponsor: 
Windpower Engineering & Development
Creator/Author: 
Michelle Froese
Description: 
The U.S. Bureau of Ocean Energy Management (BOEM) has contracted the University of Rhode Island (URI) to document the effects of the Block Island Wind Farm on recreation and tourism in Rhode Island.
 
The intent of the project is to also provide:
  • The first available empirical data on the effects of a U.S. offshore wind farm on coastal recreation and tourism.
  • A suite of indicators that can be used to assess the potential effects of future offshore wind energy projects throughout the U.S.
  • A recommended subset of indicators that can be used to monitor the effects of the wind farm on Rhode Island’s recreation and tourism activities moving forward.

These three results will help BOEM plan for the installation and management of future offshore wind energy projects in federal waters.

pdf
Publication Date: 
Tuesday, February 7, 2017
63 KB
Resource Type: 
Document
State: 

Virginia Offshore Wind Technology Advancement Project - Task Force Meeting

Source/Sponsor: 
Virginia Offshore Wind Technology Advancement Project
Creator/Author: 
Dominion Virginia Power
Description: 

This presentation reviews Virginia's offshore wind background and accomplishments. It addresses VOWTAP project specifics

pdf
Publication Date: 
Thursday, September 22, 2016
4 MB
Resource Type: 
Presentation
State: 

SC Wind Energy Supply Chain Survey & Offshore Wind Economic Impact Study

Source/Sponsor: 
U.S. Bureau of Ocean Energy Management
Creator/Author: 
Strom Thurmond Institute, Clemson University, SC Coastal Conservation League
Description: 

The purpose is to assess the estimated economic impact of a 40 MW demonstration offshore wind farm off South Carolina, including electric rate impacts.

pdf
Publication Date: 
Friday, May 16, 2014
1 MB
Resource Type: 
Presentation

NYSERDA Releases Blueprint for New York State Offshore Wind Master Plan

Source/Sponsor: 
New York State Energy Research and Development Authority
Creator/Author: 
New York State Energy Research and Development Authority
Description: 

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.

pdf
Publication Date: 
Friday, September 16, 2016
14 MB
Resource Type: 
Document
State: 

Massachusetts Offshore Wind Costs Lower Than Projected

Source/Sponsor: 
University of Delaware
Creator/Author: 
Special Initiative on Offshore Wind
Description: 

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.

pdf
Publication Date: 
Tuesday, March 15, 2016
79 KB
Resource Type: 
Document

American Clean Energy Investment Act of 2015

Source/Sponsor: 
Sens. Sanders, Berkley and Markey
Creator/Author: 
Sens. Sanders, Berkley and Markey
Description: 
The act Permanently extends the Investment Tax Credit for advanced clean energy property, and expands the 30% credit to offshore wind facilities.
 
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87 KB
Publication Date: 
Tuesday, December 8, 2015
Resource Type: 
Document
Multi-State:

An Offshore Wind Letter to Governor Chris Christie

Source/Sponsor: 
Senator Jim Whelan
Creator/Author: 
Senator Jim Whelan
Description: 

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

Publication Date: 
Wednesday, August 19, 2015
Resource Type: 
Document
State: 

An Original Bill to Extend Certain Expired Tax Provisions

Source/Sponsor: 
US Senate
Creator/Author: 
Sens. Orrin Hatch (R-UT) and Ron Wyden (D-OR)
Description: 

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

Publication Date: 
Tuesday, July 21, 2015
Resource Type: 
Document

Federal Incentives/Policies for Renewables & Efficiency

Source/Sponsor: 
Database of State Incentives for Renewables & Efficiency (DSIRE)
Creator/Author: 
Database of State Incentives for Renewables & Efficiency (DSIRE)
Description: 

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

Resource Type: 
Website

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