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  • bluecheese4u bluecheese4u Mar 21, 2013 8:20 PM Flag

    Offshore Wind Power Set For Big Moment In Maryland

    Offshore Wind Power Set For Big Moment In Maryland

    by Sierra Club

    The winds of change brought some great progress to Maryland this week when the Maryland Offshore Wind Energy Act of 2013 passed through both houses of the legislature. The offshore wind bill has been championed from the start by Governor Martin O’Malley, who stands ready to sign the bill into law.

    This is a huge victory that is nationally significant for two reasons. First, it could well be the tipping point that allows us to finally tap the massive offshore wind potential off the East Coast. Second, it will ensure that historically underrepresented minority groups and small businesses will benefit from the jobs and investment dollars that offshore wind projects generate.

    The bill will help develop a 200-megawatt wind project off the coast of Ocean City by requiring electricity suppliers to buy offshore renewable energy credits.

    This victory comes after three years of hard work by thousands of activists who know that Maryland can be a national clean energy leader.

    “We started this campaign with our allies in 2010 with a town hall meeting in Ocean City, out of which the Maryland Offshore Wind Coalition formed,” said..

    earthtechlingDOTcom/2013/03/offshore-wind-power-set-for-big-moment-in-maryland/

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    • State Lets $100M Tax Credit for Offshore Wind Expire

      Lawmakers push to extend deadline for deal to lure offshore wind manufacturers to New Jersey

      By Tom Johnson, March 18, 2013 in Energy & Environment|Post a Comment

      The state is hoping to lure an offshore wind manufacturer to New Jersey to help jump-start a thriving green industry, but a lucrative incentive aimed at attracting this business is no longer available.

      A landmark offshore-wind law enacted by the Christie administration in 2010 offered up to $100 million in tax credits if a manufacturer located its operations in the state, but in order to qualify, a company had to make its decision by the end of 2012.

      Recognizing the problem, lawmakers in both houses have introduced bills to rectify the situation, extending the deadline to July 1, 2014. To qualify for the credits, the manufacturer must invest at least $50 million and employ 300 employees at their facility, which would be built at one of two ports in the state.

      With a Chinese manufacturer offering to build a facility as part of its participation in a pilot offshore wind farm three miles from Atlantic City, the bill is likely to move forward before the new fiscal year begins in June.

      Assemblyman Upendra Chivukula (D-Somerset), the chairman of the Assembly Telecommunications and Utilities Committee and a sponsor of one of the bills, last week said he expects the legislation to be approved before the budget break.

      More than anything else, the expiration of the tax credit reflects the fits and starts that the state has experienced in trying to develop an offshore wind industry. New Jersey’s Energy Master Plan calls for 1,100 megawatts of offshore wind capacity to be..

      njspotlightDOTcom/stories/13/03/17/state-lets-100m-tax-credit-for-offshore-wind-expire/

 
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