A European company has canceled plans to build blades for offshore wind turbines in coastal Virginia, the latest sign of struggle within the U.S.'s nascent industry.
Dominion said its 176-turbine project will be the largest offshore wind farm under development in the U.S.
The main appeal of offshore wind for supporters, including environmentalists and many state governments, is that it doesn't burn fossil fuels and therefore drive climate change.
But opponents claim offshore wind is inherently unworkable without massive financial subsidies.
But the costs of renewable energy — wind, solar, and other forms — have been declining, while becoming increasingly competitive, he said.
Persons:
Siemens Gamesa, Joe Biden, Robert McNab, ” McNab, “
Organizations:
Siemens, Dominion, U.S, Old Dominion University
Locations:
Virginia, Port of Virginia, Portsmouth, Spain, U.S, New Jersey, Massachusetts, Spanish, Connecticut, Virginia Beach, Europe, Norfolk , Virginia