High Stakes in the Offshore Wind Race

August 16th, 2009 - posted by Daniel Coffin

This morning’s Providence Journal takes a comprehensive look at the offshore wind race and is well worth the read: check it out here. As we’ve been saying since the beginning, offshore wind is huge – not just because the turbines are 400 feet tall, but because it’s worth potentially $50 billion over the next decade. Cape Wind is just the tip of the iceberg. The big story emerging from that potential is about the regional battle over who gets the first steel in the ground.

More than being a symbolic leader in an imaginary race, the first company to build will likely dictate where massive manufacturing facilities are set up, leading to a technology cluster around their operations, much like Silicon Valley or the 128 strip. This is why governors and legislatures are moving quickly to create favorable rules, tax incentives and public sentiment.

Anyhow, check out the article to get the full scoop, and stay tuned here. We’ll be releasing a new trailer for the film soon, but don’t tell anyone.

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