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Friday, December 19, 2014

Economist Outlines Offshore Wind Farm Potential

OCEAN CITY — While the potential offshore wind energy farm off the coast of Ocean City is still moving through its approval process, the time is now for the area’s private sector to get ready for the opportunity, an economist told local business leaders and politicians this month.

During an economic summit hosted by Worcester County Economic Development and the Ocean City Economic Development Committee (EDC) at the new Performing Arts Center last Wednesday, Dr. Memo Diriker, founding director of Salisbury University’s Business, Economic and Community Outreach Network (BEACON), told those assembled a future offshore wind energy farm off the coast of Ocean City is moving closer to reality. Diriker advised local business leaders to begin preparing for the opportunities an offshore wind farm could present in as soon as five years.

“It looks like there should be steel in the water by late 2018 or early 2019,” he said. “It might be delayed somewhat by permitting and political reasons, but the power should be flowing about a year after that.”

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9 comments:

Anonymous said...

I have no problem with it as long as it is far enough out into the ocean to not spoil the view.

Anonymous said...

The only thing it will spoil (KILL) will be the fishing and the birds.

Anonymous said...

Just say NO to this nonsense...remember it's Always subsidized by YOU and ME; our tax dollars. NONONONONO>

Anonymous said...

12:13
What about oil and it's subsidies?

Anonymous said...

On a per kw-hour basis, the subsidies for wind farms and solar is 1,000 times that for oil. Besides almost no oil is used for power generation.

Anonymous said...

Fossil fuels in their start-up period got five times more in government incentives than renewable energy has, and nuclear got 10 times as much. This up front tax relief more than pays for itself in federal, state, and local taxes over the life of wind projects.

Anonymous said...

No,no, no, no, no!

Anonymous said...

Wind is not reliable and therefore, will never replace any other form of electric generation. Just look to Germany and Spain where they bet heavy on wind. Middle-class citizens have been thrust into energy poverty.

Anonymous said...

Wind turbines in the U.S. are roughly 50 percent more productive than Germany’s on average. Europe sets a fixed price for renewables above the market price and requires that grid operators use wind before other resources. Neither of those policies exist in the U.S. Germany’s policies are still very popular there and are not significantly driving up electricity rates — in fact, wholesale electricity prices have declined 20 percent in the last year as wind displaces more expensive forms of electricity there, as it does here. Do a little research outside of anti wind blogs!