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bluedigger

(17,087 posts)
Sun Jul 7, 2013, 01:12 PM Jul 2013

Maine’s involvement in global offshore wind threatened by legislative actions, say industry watchers

PORTLAND — Statoil North America on Wednesday said it was putting its offshore wind energy project on hold because of “the risk and uncertainty” created last week when the Legislature, at Gov. Paul LePage’s behest, made changes that will delay and potentially threaten state approval for the project.

The Norwegian company informed the Maine Public Utilities Commission of its decision on Wednesday in a letter.

Statoil’s departure would be a big loss for the state from an economic development point of view, according to Annette Bossler, an international business consultant based in Bremen.

Bossler, who consults for a German company that is developing a pilot offshore wind energy project in the Baltic Sea, said that in the next two or three years there will be at least a billion dollars invested around the world by offshore wind technology developers. Maine has threatened its ability to receive any part of that investment, Bossler said.

more at:
http://www.sunjournal.com/news/maine-business/0001/11/30/maine-s-involvement-global-offshore-wind-threatene/1389702?utm_source=Sun+Journal+List&utm_campaign=0047d77dcf-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c59a67ec86-0047d77dcf-195807618
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