By [email protected] It’s been 15 years since Cape Wind — the project meant to be America’s first offshore wind farm — was first proposed. For years, the 130-turbine, 450-megawatt project was held up as the start of an entirely new industry in the U.S. But fierce legal opposition and project financing problems eventually brought it down.
The offshore wind industry is now virtually all in Europe. In 2001, Europe had a few hundred megawatts of offshore wind projects. Today, it has nearly 13,000 megawatts of capacity — and developers are on track to make offshore wind the cheapest form of new electricity. In
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