Google and a U.S. financial firm are investing in a proposed $5 billion undersea transmission line that would connect future offshore wind farms along the mid-Atlantic coast, a development that could eventually remove a major hurdle for the emerging U.S. offshore wind industry. Google and New York-based Good Energies will each will assume a 37.5 percent equity stake in the project, the New York Times reports. The 350-mile transmission line, with a projected capacity of 6,000 megawatts — equivalent to the output of five nuclear reactors — would be installed in shallow federal waters 15 to 20 miles offshore and stretch from northern New Jersey to Norfolk, Va. The first 150 miles of construction could be completed by 2016, according to the Times. While the proposal is expected to face some challenges, industry experts and federal officials called it a promising development. “It provides a gathering point for offshore wind for multiple projects up and down the coast,” said Jon Wellinghoff, chairman of the Federal Energy Regulatory Commission. Last week, U.S. officials reported that offshore wind has the potential to meet 30 percent of the nation’s electricity needs by 2030.
Google Backs Offshore Grid To Link Wind Farms Off U.S. East Coast
More From E360
-
BIOECONOMY
In Mexico’s ‘Avocado Belt,’ Villagers Stand Up to Protect Their Lands
-
Food & Agriculture
How Herbicide Drift from Farms Is Harming Trees in Midwest
-
Policy
U.S. Aid Cuts Are Hitting Global Conservation Projects Hard
-
INTERVIEW
How a Former Herder Protected Mongolia’s Vast Grasslands
-
Solutions
A.I. Is Quietly Powering a Revolution in Weather Prediction
-
RIVERS
On a Dammed River, Amazon Villagers Fight to Restore the Flow
-
Biodiversity
With the Great Mussel Die-Off, Scientists Scramble for Answers
-
ANALYSIS
Recycling Nuclear Waste: A Win-Win or a Dangerous Gamble?
-
CONFLICT
In War-Torn Sudan, a Gold Mining Boom Takes a Human Toll
-
Opinion
With NOAA Cuts, a Proud Legacy and Vital Science Are at Risk
-
Biodiversity
Imperiled in the Wild, Many Plants May Survive Only in Gardens
-
Climate
Can Toxic Mining Waste Help Remove CO2 from the Atmosphere?