Offshore Wind Can Deliver Cleaner, More Affordable Energy and More Jobs Than Offshore Oil
A report by Oceana "Wealth: Offshore Wind Can Deliver Cleaner, More Affordable Energy and More Jobs Than Offshore Oil", a comprehensive analysis shows that focusing investments on clean energy like offshore wind would be cost effective, more beneficial to job creation, and better for the environment and ocean in a variety of ways than offshore oil and gas exploration and development. Authors of the report include Simon Mahan, Isaac Pearlman, and Jacqueline Savitz.
On the Atlantic coast, an area targeted for expansion of oil and gas activities, offshore wind can generate nearly 30% more electricity than offshore oil and gas resources combined.
For example, Delaware is a prime candidate for offshore wind. The report states. "Delaware could generate more electricity from offshore wind energy than the state currently generates from all other sources. Offshore wind from the stateâ€™s waters could power approximately 937,000 average homes annually. At least 2.8 GW of offshore wind potential is available in Delaware waters. Thatâ€™s enough energy to meet the current household energy generation of Delaware and Rhode Island combined with an energy surplus. While there is an initial investment cost for installation of offshore wind farms, eliminating fossil fuel consumption for electricity generation in Delaware would save the state $274 million annually on fuel costs."
There are summaries for other Atlantic coastal states that summarize each state's potential for offshore wind energy production.
For more information, download the report at: http://na.oceana.org/en/news-media/publications/reports/untapped-wealth-offshore-wind-can-deliver-cleaner-more-affordable-energy-and-more-jobs-than-offs