Podcast: US offshore wind trends for 2010

Cape Wind project developer¬†Cape Wind Associates¬†refers to the wind farm on its Web site as “America’s First Offshore Wind Farm on Nantucket Sound.” Given the project’s continued struggles to begin construction and the advancement of other proposed projects along the Eastern seaboard, it seems unlikely that Cape Wind will be the first U.S. offshore wind farm to begin operations.

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In SNL Energy’s latest podcast, Benjamin Kelahan, senior vice president and leader of The Saint Consulting Group’s energy practice, discusses why more states are throwing their support behind the offshore wind industry and how Cape Wind has helped lay the groundwork for other proposed projects. Kelahan says that although he remains cautiously optimistic about the sector, the costs associated with such facilities are a formidable hurdle to the sector.

Click on the link to hear the full podcast.

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Jennifer Zajac has covered the U.S. electric power sector for more than eight years and was founder/editor of SNL Energy's Renewable Energy Week, a newsletter devoted to the utility renewable energy market in North America. Currently, she covers EPA policies that impact the power industry and is working on a masters' degree in Global Energy Management at the University of Colorado-Denver.

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