Welcome
Environment & Energy Report

Report Says Offshore Wind Can Outproduce Offshore Oil, Gas

Sept. 28, 2010, 10:56 PM

WASHINGTON, D.C.—Offshore wind power could provide more energy at a lower cost than offshore oil and gas, according to a report released Sept. 28 by the environmental group Oceana.

The report, which looked at the potential for producing energy through offshore wind turbines, found that on the Atlantic Coast, offshore wind could “generate about 30 percent more electricity” than could be generated by the offshore oil and gas that could be “economically recovered,” with that cost defined as $110 per barrel of gas and $11.74 per thousand cubic feet of gas.

The wind power estimates took into account economic constraints...

To read the full article log in. To learn more about a subscription click here.