The United States could cut electricity costs by $7.68 billion per year by installing 54 gigawatts of offshore wind off its coasts, according to a recent study by the U.S. Department of Energy.
The report was a technical study to assess the potential of offshore wind, Kennedy writes. But “just as other experts have noted, that potential is simply waiting to be realized, with about a dozen U.S. projects in some stage of development,” she wrote.
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“The right state and federal policies can help move these projects off their drawing boards and into the water, the study authors say, and with that, help create a promising clean-energy future for all of us.”
