All of this news doesn’t bode well for the wind energy business. But for ratepayers and those who believe in the free market, current wind conditions are a breath of fresh air
Cape Wind, touted as “America’s first offshore wind project,” became one of America’s most high-profile and controversial wind-energy projects. Fourteen years in the making, estimated at $2.6 billion for 130 turbines, covering 25 square miles in Nantucket Sound off the coast of Massachusetts, the Cape Wind project has yet to install one turbine—let alone produce any electricity. Now, it may be “dead in the water.”
