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US Wind calls for more offshore wind incentives in Maryland

Offshore wind farm. Author: Beverley Goodwin. License: Creative Commons, Attribution 2.0 Generic

March 12 (Renewables Now) - US Wind Inc, a unit of Italy’s Toto Holding Group, on Monday called on the Maryland state government to support the procurement of up to 1,200 MW of additional offshore wind off the state's coast.

The call was made by Salvo Vitale, a county manager at the company, who urged the state to provide incentives for the sector, following the example of other states along the eastern US coastline. He pointed out that the House and Senate committee members should back certain legislation, including The Clean Jobs Act of 2019, stating it would be “transformational” for the industry and help the state reassert its leadership position.

The support of HB 1158 and SB 516, as the bills are called, is expected to open between 5,000 and 7,000 direct jobs and bring USD 5 billion (EUR 4.4bn) in offshore wind investments. Vitale stressed on the fact that only 358 MW of capacity is available for development in Maryland, while no further incentives are planned.

In May 2017, the Maryland Public Service Commission (PUC) awarded offshore wind renewable energy credits (ORECs) to a couple of large-scale projects off the coast of the state, among which is the 270-MW MarWin scheme developed by US Wind within a federal lease area where it can add up to 1,000 MW.

(USD 1.0 = EUR 0.888)

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Browse all articles from Veselina Petrova

Veselina Petrova is one of SeeNews Renewables most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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