Monday, October 11, 2010

Offshore Wind a U.S. Job Boon if Capital Costs Don't Erode Potential -- DOE

If politics and economics align, the United States is well-positioned to build massive wind farms off of U.S. coasts and in the Great Lakes to meet a substantial amount of the nation's electricity needs, according to the Department of Energy.

In a 240-page study (pdf) of the potential and barriers for building 54 gigawatts' worth of offshore wind capacity, DOE's National Renewable Energy Laboratory estimates that doing so means the creation of at least 43,000 permanent jobs. Potential exists for $200 billion in economic activity, and government analysts predict 20 jobs would be created for every megawatt produced off of U.S. shores.
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