LOCE Wind and Wave Energy Weblog

The web's first ocean and offshore wind energy weblog. Continuously renewed, like the ocean itself.

Friday, May 20, 2005

GE Eyes Offshore Wind in Ireland; PTC for Offshore Wind in US Now In Jeopardy



This article, In a Turbulent Market, Revenue Buoys GE Wind (Renewable Access, 5/20/05)reports that GE Energy expects wind power revenues this year to exceed a 300 percent increase over its first year of operation in 2002. And GE may have more offshore operations as well with the successful deployment of an offshore wind plant built by GE in the Irish Sea to demonstrate its offshore technology and learn more about the rigors of wind energy installation and operations at sea. The GE Arklow Project, owned and operated by GE, is the world's first offshore wind project to use turbines over three MW, has completed more than a year of successful operation.

Too bad things don't look as promising for the future offshore wind in the U.S. Here's another article on Senator Lamar Alexander's so-called Environmentally Responsible Wind Development on its potential impact on the wind industry in the U.S. (also, visit the Ocean Renewable Energy Coalition Website for frequent legislative updates).

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