What size market will offshore wind farms create for the U.S. marine industry? [494 votes total]

Huge (88)
Quite substantial (167)
Limited (158)
Negligible (81)

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Posted By: mike

Posted On: Jan 15, 2010
Views: 8793
Offshore Wind

Actually, there hasn't been a new reactor built in the US in some 30 years, little press has been paid attention to the fact the US has given preliminary approval for some 20+ reactors.

If cape wind can't make a go of it, then it will be another 15+ years on this industry.

Realistically, the issue of energy is primarily related to transportation. This is where the greatest impact would be seen on energy independence and job creation, however the current administration needs to get past the idea that natural gas is the enemy. Offshore wind, solar wind will not provide energy for transportation. Natural gas futures are being sold at a 2:1 ratio versus oil-half the price!

Explain this one...


Posted On: Jan 12, 2010
Views: 8911

There are two major impediments to building offshore wind energy projects: (1) limited number of areas where the wind velocities are sufficient, and (2) the nimby (not in my backyard) syndrome.

Witness the lengthy and frustrating experience of Cape Wind. Now comes the National Park Service with a ruling that Nantucket Sound "is eligible for consideration as a traditional cultural property" which will further delay approval of Cape Wind's project, and could become a negative factor in Duke Energy's plan to build a demonstration project in Pamlico Sound, NC.

Posted By: Blower

Posted On: Jan 10, 2010
Views: 8978

What Mike says about European subsidies is right, but North American "incentives" will take a different form -- regulatory restrictions on emissions from coal-fired plants and strangling regulatory obstacles to nuclear

Posted By: Mike

Posted On: Jan 8, 2010
Views: 8978
Offshore Wind Farms

Offshore wind farms need a chain of supply that doesn't exist in the USA or Canada at this point in time. Also, offshore wind farms only exist in Europe as a result of direct subsidies from governments. Without the same type of subsidies provided immediately in the USA/Canada, offshore wind farms will never get off the ground. The USA has been talking offshore wind farms for over ten years, while European governments support this industry and have an industry on its third round of development, USA/Canada politicians can only focus on keeping their career moving along.

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