As the first shallow water offshore project under review in the United States, utility-scale projects like Cape Wind are important to our national interest and a critical first step to building a domestic, globally competitive wind industry. Success in the project could also lay the foundation for a focused national investment to develop offshore wind technology in the coming years.
-- David Garman, U.S. Undersecretary of Energy
print story
Report Predicts Offshore Wind Boom Thursday, December 31, 2009
A report published earlier this month by Emerging Energy Research, a consulting firm tracking emerging technologies in global energy markets, predicts that the $10 billion offshore wind energy market will surge to $30 billion over the next decade.