A Real Assessment of Offshore Wind Power and the Economy - Press of Atlantic City: News

A Real Assessment of Offshore Wind Power and the Economy

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Posted: Thursday, July 21, 2011 4:47 pm

One of the great debates when it comes to renewable energy is that these projects all require some sort of incentive for developers to actually build them. Yes it’s true that the economics work far better for solar, wind, and the various other technologies when some sort of incentive is attached to it. However, be it renewables, coal, natural gas, petroleum, or nuclear, all of these energy types are receiving some sort of incentive from the government to offset the large capital cost involved with construction.

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