More than 4,000 wind turbines twirl off the coasts of Europe. America currently has just five
of clean energy depends on meetings like the one held at a small hotel in a small city in Massachusetts last month. Residents of New Bedford came together to voice their opinions about an offshore wind proposal from a company called Vineyard Wind. To date, such projects have not fared well in America; opponents have blocked big offshore wind farms. But opposition has dwindled.
State policies are boosting the industry, too. North-eastern governors are keen to burnish their green credentials to voters concerned about climate change, but the region has little room for big solar or wind farms on land. Massachusetts passed a law in 2016 requiring state utilities to procure about 1,600 megawatts in offshore wind power over the next decade, provided they receive reasonable bids.
Despite enthusiastic governors, companies must still secure leases and contracts to sell electricity to utilities. Orsted, for one project, anticipates needing more than 20 permits and approvals from federal, state and local agencies. It has spent $510m to acquire Deepwater Wind, one of the few American offshore developers, in part to help it deal with complex regulations.
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