The Washington Post reports that “there are only seven working offshore wind turbines in the entire United States at the moment. In Europe, there are more than 5,000. China also has thousands.”
And yet 17 wind-power projects in the eastern U.S. are facing “considerable” resistance, while shareholders “are pressuring companies not to invest in more projects beyond the wave that has already begun, said Paul Zimbardo, an analyst at Bank of America.”
Surging costs from inflation and labor shortages have developers saying their projects may not be profitable. A raft of lawsuits and pending federal restrictions to protect sensitive wildlife could further add to costs. The uncertainty has clouded bright expectations for massive growth in U.S. offshore wind, which the Biden administration and several state governments have bet big on in their climate plans. “We’re trying to stand up an entire industry in the United States, and we’re having natural growing pains,” said Cindy Muller, a lawyer who runs the Houston office and co-chairs the offshore wind initiative at the law firm Jones Walker.
State leaders and the Biden administration have homed in on the industry because the power of offshore winds can produce a rare round-the-clock source of greenhouse-gas-free electricity — and one difficult for future administrations to undo once turbines are in the ground. The administration set a goal for 30 gigawatts of new power from offshore wind by 2030. That is about 3 percent of what the country needs to get to 80 percent clean electricity by that time, according to estimates from a team led by University of California at Berkeley researchers…. Delays make it unlikely that the Biden administration will meet its 2030 goal, lawyers and analysts said.
The article notes that last fall three wind developers”moved to renegotiate their contracts, saying they can no longer afford to deliver power for the prices promised because of soaring costs.” And meanwhile a massive wind project south of Martha’s Vineyard, Massachusetts “is years behind schedule amid regulatory delays and litigation from opponents.”
Though the project has finally started laying cable, now an oil company-funded advocacy group “is providing the financial backing and legal expertise for litigation…taking up the cause of the whales in court.” (This despite the fact that America’s ocean-montoring agency, the NOAA, says whales aren’t affected by wind power.) The Post notes that the project’s construction finally began “a little more than a year ago…in the same area where a die-off of humpback whales began seven years ago.” NOAA says about 40% of the whales showed evidence they’d been struck by a ship or entangled in nets, and both whales and fishermen “may be following their prey (small fish) which are reportedly close to shore this winter.”
Ironically, the Sierra Club tells the Washington Post that “The biggest threat to the ocean ecosystem is climate change.”
Read more of this story at Slashdot.
Source: Slashdot – What’s Holding Back Wind Energy in the US?
