On Monday, a committee for house energy released a bill that would need 1,200 megawatts of hydroelectric power and 1,200 megawatts of offshore wind to be procured. Many people are taking this bill to be more of a miracle due to the fact that it had only been a year and a half since Cape Wind got crushed by its opponents. However, in Massachusetts’ case, it is more urgent.
The reasons behind Massachusetts going big are numerous. The first one being costs concerns, which as mentioned by the Governor, Charlie Baker, and Offshore Skeptics, are much diminished, while Europe has over 3,200 turbines currently spinning. According to developers from Germany, Denmark, and Britain, in the next 7-10 years, the price of offshore wind ought to be the same price as fossil fuels. This is because of efficiency in supply as well as steadiness and consistency in the flow of projects.
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Taking into consideration the social benefits and the economy of an industry that is surging, Siemens, which is considered to be the top turbine supplier, calculates offshore wind to be cheaper in Germany by the year 2025 compared to any other major source of fuel, excluding onshore wind.
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