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Judi Lynn

(160,542 posts) Tue Jan 3, 2017, 07:00 PM Jan 2017

APNewsBreak: US yanks funds from unbuilt windmill farm

Source: Associated Press

Wayne Parry, Associated Press

Updated 4:58 pm, Tuesday, January 3, 2017

ATLANTIC CITY, N.J. (AP) A plan to build windmills off the New Jersey coast that has already burned through nearly $11 million and remains dead in the water is being cut off from further government funding.

The U.S. Department of Energy says Fishermen's Energy failed to meet a Dec. 31 deadline to have a power purchase agreement in place.

The department is revoking most of the $47 million in funding it pledged to the project in 2014; about $10.6 million has been spent already on preliminary work.

The project would have involved building six windmills about three miles off the coast of Atlantic City, which could have generated enough electricity to power 15,000 homes.

Read more: http://www.chron.com/news/us/article/APNewsBreak-US-yanks-funds-from-unbuilt-NJ-10832910.php

7 replies

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APNewsBreak: US yanks funds from unbuilt windmill farm (Original Post) Judi Lynn Jan 2017 OP

That is very interesting HoneyBadger Jan 2017 #1

Off NJ? This may have been where Christie went benld74 Jan 2017 #2

That sounds like another step back in the US's bid to TheDebbieDee Jan 2017 #3

It looks like the companies involved where not making much progress and where just spending money. lancelyons Jan 2017 #4

11 mil is chump change elmac Jan 2017 #5

If they didn't have supply agreements in place geek tragedy Jan 2017 #6

They'd rather subsidize Exxon setting up oil rigs off the coast The Wizard Jan 2017 #7

HoneyBadger

(2,297 posts)

1. That is very interesting

Reply to Judi Lynn (Original post)

Tue Jan 3, 2017, 07:35 PM

Jan 2017

As a boater and fisherman, I have heard nothing whatsoever about this even being built. We boaters and fishermen tend to be displaced by wind farm construction in public waters.

benld74

(9,904 posts)

2. Off NJ? This may have been where Christie went

Reply to Judi Lynn (Original post)

Tue Jan 3, 2017, 08:37 PM

Jan 2017

TheDebbieDee

(11,119 posts)

3. That sounds like another step back in the US's bid to

Reply to Judi Lynn (Original post)

Tue Jan 3, 2017, 09:40 PM

Jan 2017

de-centralize our electrical grid...

lancelyons

(988 posts)

4. It looks like the companies involved where not making much progress and where just spending money.

Reply to Judi Lynn (Original post)

Tue Jan 3, 2017, 09:55 PM

Jan 2017

I dont see a problem with this if the group is not making any progress. Although I would think there would be some contracts involved where the companies involved dont get STIFFED if they were acting in good faith.