The Washington Independent
The Washington Independent

Google to Invest in Major Offshore Wind Power Line Project

Last updated: 07/31/2020 08:00 | 10/12/2010 05:08
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Adaline Fritz

Google is planning to fork over about $200 million in an initial investment to help build a massive set of power lines along the East Coast that would help move power generated from offshore wind to people’s homes.

The Internet giant is partnering with investment firm Good Energies to get the project off the ground. Good Energy is also expected to make a $200 million initial investment in the project, which is estimated to cost $5 billion, The New York Times reports.

Building a so-called “transmission backbone,” which would move electricity generated at offshore wind plants to those that need it, is considered essential to proving the viability of offshore wind, a technology that has yet to be built in the United States. The Interior Department signed a lease last week for Cape Wind, a proposed wind project off the coast of Massachusetts that many hope will be the first offshore wind project to be built in federal waters (as I’ve noted before, Texas, which operates outside of federal rules, is hoping to beat Cape Wind).

While many have praised the project, others warn that progress could get tangled up in regulatory delays. The Times reports:

Industry experts called the plan promising, but warned that as a first-of-a-kind effort, it was bound to face bureaucratic delays and could run into unforeseen challenges, from technology problems to cost overruns. While several undersea electrical cables exist off the Atlantic Coast already, none has ever picked up power from generators along the way.

Adaline Fritz | Adaline's upbeat, can-do attitude and nurturing disposition make her perfect for understanding each client's wants and needs and skillfully directing them toward their real estate objectives. Adaline has experience in all facets of the real estate process, having started in the administrative sector and progressed to operations before achieving success in real estate sales. She earned a Bachelor of Science degree in Psychology from San Diego State University and Western Oregon University, and returned to the Portland area in 2011 to pursue a career in real estate. She also loves traveling, working out, and spending time on the water during Portland's beautiful summers.

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