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Has Trump already taken office? DOE de-funds offshore wind farm!

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  • Has Trump already taken office? DOE de-funds offshore wind farm!

    The thread title is intentionally sarcastic...
    APNewsBreak: US Yanks Funds From Unbuilt Windmill Farm

    By WAYNE PARRY, ASSOCIATED PRESS ATLANTIC CITY, N.J. Jan 3, 2017

    A plan to build windmills off the New Jersey coast that has already burned through nearly $11 million and remains dead in the water is being cut off from further government funding.

    The U.S. Department of Energy says Fishermen's Energy failed to meet a Dec. 31 deadline to have a power purchase agreement in place.

    The department is revoking most of the $47 million in funding it pledged to the project in 2014; about $10.6 million has been spent already on preliminary work.

    The project would have involved building six windmills about three miles off the coast of Atlantic City, which could have generated enough electricity to power 15,000 homes.

    In a written statement to The Associated Press on Tuesday, the energy department said the Atlantic City project missed a key deadline.

    [...]

    A key concern for wind energy projects has been their affordability and whether they will need substantial subsidies to prevent the cost of the power they generate from being too expensive to make it viable.

    http://abcnews.go.com/US/wireStory/a...-farm-44534038

    Watts Up With That? | The world's most viewed site on global warming and climate change.

  • #2
    It's a start to undoing the damage of Obama's useless "Green energy" initiatives.

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