US Offshore Wind Gathering Steam, DOE Report Says

Law360, New York (October 23, 2013, 3:57 PM ET) -- U.S. offshore wind development made significant strides last year, with 11 commercial projects tipped to generate more than 3.8 gigawatts of power currently in an advanced stage of development, according to a U.S. Department of Energy report issued Wednesday.

While the industry hasn't yet begun the construction of an actual offshore wind farm in the U.S., the projects in that advanced stage include ones that have at least signed a power purchase agreement, received approval for an interim or commercial lease in state or federal waters,...
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