Offshore Wind Renewable Energy for the East Coast Offshore Wind: Renewable Energy for the East Coast Ivy Main, March 2011.

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Presentation transcript:

Offshore Wind Renewable Energy for the East Coast Offshore Wind: Renewable Energy for the East Coast Ivy Main, March 2011

Offshore Wind: Renewable Energy for the East Coast

Kentish Flats wind farm. Photo Phil Hollman Offshore Wind: Renewable Energy for the East Coast

Long Island Power Authority 2003 Offshore Wind: Renewable Energy for the East Coast

VCERC Offshore Wind: Renewable Energy for the East Coast

VCERC 2008 Offshore Wind: Renewable Energy for the East Coast

So what does it take to get there? Need some combination of: Competitive production costs Incentives RPS Limits on carbon Price on carbon, pollution, or other externalities

Virginia legislation 2010: Virginia Offshore Wind Development Authority Coordinates data-gathering, supply chain, works with local governments 2011: Joint Resolution supporting 3000 MW of offshore wind by 2025 Aspirational only, no carrots and no sticks Also roots for a National Offshore Wind Technology Center to be located here

What is the Sierra Club doing? We advocate: a real RPS including externalities in the IRP process continuing funding for VCERC incentives for offshore wind investment and turbine manufacturing removing the $45 million of coal subsidies