In an op-ed piece in The Hill, WilmerHale Partners Ken Salazar and Michael Connor argue that it’s a critical moment in the development of offshore wind energy generation, requiring governments at all levels, but especially federal policymakers, to act to further investment in the important renewable energy source.
Excerpt: The significant investments to date are at substantial risk if projects now ready for construction are unable to obtain the necessary permits to put steel in the water in the very near future. Time is of the essence to ensure the financial commitments critical to deliver clean energy at affordable rates are secure.
It is simply imperative—to the goals of addressing climate change and creating a sustainable electricity sector—that all levels of government aggressively work together to resolve outstanding issues and move viable projects forward as soon as possible. Read the full article.