Offshore Wind Moves Into Energy’s Mainstream 

New York Times: “…offshore wind, once a fringe investment, with limited scope and reliant on government subsidies, is moving into the mainstream.”

“Offshore wind has several advantages over land-based renewable energy, whether wind or solar. Turbines can be deployed at sea with fewer complaints than on land, where they are often condemned as eyesores. But the technology had been expensive and heavily dependent on government subsidies, leaving investors wary. That is now changing. Turbines today are bigger, produce much more electricity and are deployed on much larger sites than in the past. The result is more clean power and extra revenue.”

“The industry is not without challenges. Governments have been cutting financial support for clean power in a bid to balance their budgets, while President Trump’s administration seems likely, based on his promises during his election campaign, to forcefully support fossil fuels.”

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