• 306 days Will The ECB Continue To Hike Rates?
  • 307 days Forbes: Aramco Remains Largest Company In The Middle East
  • 308 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 708 days Could Crypto Overtake Traditional Investment?
  • 713 days Americans Still Quitting Jobs At Record Pace
  • 715 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 718 days Is The Dollar Too Strong?
  • 718 days Big Tech Disappoints Investors on Earnings Calls
  • 719 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 721 days China Is Quietly Trying To Distance Itself From Russia
  • 721 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 725 days Crypto Investors Won Big In 2021
  • 725 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 726 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 728 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 729 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 732 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 733 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 733 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 735 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Oilprice.com

Oilprice.com

Writer, OilPrice.com

Information/Articles and Prices on a wide range of commodities: We have assembled a team of experienced writers to provide you with information on Crude Oil,…

Contact Author

  1. Home
  2. Markets
  3. Other

Lake Erie Wind Farm to be First Freshwater Offshore Project in U.S.

The first step in an ambitious project to generate 1,000 megawatts of electricity from offshore wind turbines in Lake Erie was taken this week with an order to General Electric for five massive turbines.

The Lake Erie Energy Development Corp., a Cleveland-based nonprofit, said the direct-drive turbines will provide 4 MW each of electricity and would be operational by the end of 2012, generating enough electricity to power 6,000 homes.

"Ohio's greatest potential for creating wind energy is offshore in Lake Erie, and this partnership marks a significant step forward," said state governor Ted Strickland.

The Lake Erie project, the first freshwater offshore wind farm in the U.S., will use GE's next-generation wind turbine, the largest in its product line, designed specifically for offshore deployment. It will incorporate direct-drive technology from ScanWind, a Norwegian company acquired by GE last year, and will feature GE's advanced loads controls and aero-elastically tailored blade technology.

The first turbines will be located 6 miles north of Cleveland Browns' stadium, according to LEEDCo officials. The initial phase will cost between $80 million and $100 million.

The announcement, made at the American Wind Energy Association's Windpower 2010 conference, came less than a month after the Obama administration approved the Cape Wind project for a wind farm offshore from Cape Cod.

The New York Power Authority in December put out a request for proposals for an offshore wind farm in Lake Ontario or Lake Erie. The deadline for the New York Great Lakes Offshore Wind Project proposals is June 1.

Under the Ohio agreement, GE will build and maintain the initial 20-megawatt wind farm. The Fairfield, Connecticut-based company will also work with LEEDCo to create a strategic plan to identify cost reductions that can help make offshore wind energy in the Great Lakes economically viable.

"Together, we aim to develop a cost-effective approach for installing and maintaining offshore wind turbines with the highest possible availability," said LEEDCo president Lorry Wagner. "We are confident that as the GE product line develops and our methodologies mature, the combination will promote a self-sustaining and growing market for offshore wind in Lake Erie and the Great Lakes."

Source: http://oilprice.com/Alternative-Energy/Wind-Power/Lake-Erie-Wind-Farm-to-be-First-Freshwater-Offshore-Project-in-U.S.html

By Darrell Delamaide for OilPrice.com who offer detailed analysis on Crude oil, Natural Gas, Geopolitics, Gold and most other Commodities. They also provide free political and economic intelligence to help investors gain a greater understanding of world events and the impact they have on certain regions and sectors. Visit: http://www.oilprice.com

 

Back to homepage

Leave a comment

Leave a comment