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Monday, 25 March 2013

MARYLAND OKS OCEAN WIND RULES, FUNDING

Posted on 06:44 by Unknown
Off-Shore Wind Energy Legislation Passes in Maryland

Perry Stein, March 19, 2013 (NBC Washington)

“After more than three failed attempts, [Maryland Gov. Martin O’Malley’s] proposal to encourage the development of a wind energy industry in the state finally passed the General Assembly.

“The legislation calls for dozens of gigantic wind turbines along Maryland’s Atlantic coast and would require residents to pay up to an extra $1.50 a month on their electricity bills if the turbines are built.”

click to enlarge

“This rate hike would go to fund a subsidy of up to $1.7 billion over 20 years to a company that can successfully develop this offshore wind energy…The bill would also require electricity suppliers in Maryland to get up to 2.5 percent of their power from offshore wind as early as 2017.

“Despite opposition to the costs, the…bill passed easily in the House…with an 88-48 vote and relatively minor changes to the Senate bill. The legislation now heads to O'Malley's desk for his signature.”

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Blog Archive

  • ▼  2013 (231)
    • ►  August (15)
    • ►  July (45)
    • ►  June (28)
    • ►  May (29)
    • ►  April (33)
    • ▼  March (36)
      • THE COST OF THE SAN ONFRE NUCLEAR OUTAGE
      • A WIND OPPONENT PROVED WRONG BY THE MARKETPLACE
      • APPLE LIKES NEW ENERGY
      • GOOGLE WANTS MORE WIND Thanks To PTC Extension, Go...
      • MINNESOTA SOLAR STANDARD MOVES AHEAD
      • CHEAPER TO SCRAP SAN ONOFRE THAN RESTART IT
      • CHINA’S $243BIL NEW ENERGY INVESTMENT GAP
      • MARYLAND OKS OCEAN WIND RULES, FUNDING
      • MICROGRID BIZ QUADRUPLES TO $40 BIL BY 2020
      • STUDY DISCREDITS ‘WIND TURBINE SYNDROME’
      • ENERGY-STAR CITIES
      • BIGGEST CONCENTRATING SUN PLANT YET GOES LIVE
      • NEW MONEY FOR NEW ENERGY
      • WORLD SUN TO GO ON SHINING
      • DISTRIBUTED WIND TO DOUBLE IN 5 YEARS
      • NEW ENERGY TRENDS
      • SUN AND MONEY TOGETHER AT SUNEDISON
      • THE FIGHT FOR NEW ENERGY IN NO CAROLINA
      • HOW TO BOOST EV SALES
      • PRES TO TALK ENERGY
      • A TOOL TO KNOW THE SUN
      • THE VALUE OF SOLAR
      • IRS SOON TO DEFINE ‘IN CONSTRUCTION’ FOR WIND
      • HOW ENERGY STORAGE WILL GROW
      • THE EMERGING VIRTUAL POWER PLANT OPPORTUNITY
      • YEILDCO, NEW ENERGY FUNDING W/O TAX CREDITS
      • WARREN BUFFETT, NEW ENERGY BARON
      • WSJ GETS RENEWABLES WRONG
      • EUROPE DROVE SOLAR IN 2012
      • PUBLIC TURNS TO NEW LIGHTBULBS
      • WIND MANUFACTURING COMES BACK IN IOWA, KANSAS
      • CALIFORNIA’S ENERGY PLAN
      • HAWAII UTILITY OPENS UP TO NEW ENERGY
      • U.S. WIND GETS ITS MOJO BACK
      • A PARTNER FOR RENEWABLES
      • SOLAR ON EVERY NEW HOME IS COMING
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