Wednesday, April 28, 2010

Cape Wind Gets Go Ahead from Interior Department

The New York Times has the news:
BOSTON — After nine years of regulatory review, the federal government gave the green light Wednesday to the nation’s first offshore wind farm, a highly contested project off the coast of Cape Cod.
Cape Wind has endured far more than Bluewater Wind ever did in Delaware. As much as I would like Delaware to build first, Cape Wind has earned its place in history by sheer doggedness.
But this is about more than just pride of place. In order for any of these projects to succeed, all of them have to move forward in order to make the supply chain economically feasible. With more than 2 gigawatts in the pipeline, and the federal government clearing regulatory obstacles from the path, suppliers are more likely to find the millions in financing needed to build these wind projects.

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