Salazar says Cape Wind offshore project could break ground by end of year

Scotland's offshore wind sector attracts investment

U.S. Interior Secretary Ken Salazar told the Associated Press recently he thinks construction on the Cape Wind offshore wind power project could begin before the end of the year after more than a decade of delays.

Developers of the project have agreements with utilities to purchase about 75 percent of the generated power and are working to get more agreements, according to the Associated Press. The $2.6 billion project off of Massachusetts was also the first offshore project to win a federal lease.

The project has stalled because of lawsuits and difficulties with financing, however, which Salazar told the Associated Press illustrate the difficulty of developing offshore wind energy. He added regulatory improvements made in recent years.

Salazar also said in the interview that he expects more wind farms to develop along the coast with wind energy zones designated in the Atlantic Ocean.

Read more wind energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...