Home Industries Business Services ‘Urgency’ grows for offshore wind projects

‘Urgency’ grows for offshore wind projects

URGENT NEED: R.I. Department of Energy Resources Commissioner Carol Grant said the state is pursuing offshore wind and other clean- and renewable-energy sources with “a sense of urgency” in an effort to achieve a savings for the Rhode Island consumer, who is subject to the some of the nation’s highest electricity prices.
 / PBN PHOTO/RUPERT WHITELEY
URGENT NEED: R.I. Department of Energy Resources Commissioner Carol Grant said the state is pursuing offshore wind and other clean- and renewable-energy sources with “a sense of urgency” in an effort to achieve a savings for the Rhode Island consumer, who is subject to the some of the nation’s highest electricity prices.
 / PBN PHOTO/RUPERT WHITELEY

The stakes are rising fast in the fledgling offshore wind-energy industry, as companies jockey for position in the waters from Cape Cod to the Carolinas. The industry’s mantra: Despite high initial costs, offshore wind can offer an affordable alternative in the long term to conventional sources of electricity. Nowhere could that mean more than in

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