Editorial: Biden's offshore wind plan a boost for North Carolina [View all]
It is a White House initiative that could be custom-made for North Carolina.
President Joseph Biden announced a plan to generate 30-gigawatts of east coast offshore wind power by the end of the decade. That would be enough to power more than 10 million homes. He will speed up permitting, provide low-interest loans, fund improvements to ports and pump more money into research and development resulting in the creation of “thousands of jobs.”
This announcement comes a month after the state Department of Commerce released details of a study that showed the state was in a strong position to capture a good bit of the more than $100 billion that is expected to be invested in developing offshore wind over the next 15 years.
Not only is there the potential from developing prime wind energy resources off the state’s coast, but North Carolina hosts researchers, manufacturers, equipment installers and others poised to address supply chain to developers throughout the east coast.
Read more: https://www.wral.com/editorial-biden-s-offshore-wind-plan-a-boost-for-nc/19603085/
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