OPEC sees threat from 'alternative energy' :: Cape Wind :: America's First Offshore Wind Farm on Nantucket Sound

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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

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OPEC sees threat from 'alternative energy'
Tuesday, August 16, 2005

ABU DHABI — OPEC plans to establish a research and development institute in an effort to improve oil production technology.

"Our competitors, the alternative energy providers, are intensively pursuing research programs aimed at reducing the domination of oil and gas in the global energy market," Abdullah Salatt, Qatar's representative to OPEC, said. "Likewise, we should have our own independent programs."

Note: Click here to read this World Tribune article

Click here to read a related OPEC article

Also in Energy in the News:
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· In Europe, offshore wind farm increased by 54%   (01/31/10)
· Report Predicts Offshore Wind Boom   (12/31/09)