The analysis finds that, when combined with low-cost financing and use of the Investment Tax Credit, the purchase of large amounts of offshore wind energy by “buyers networks” of credit-worthy offtakers could significantly reduce the cost of offshore wind energy.

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Publication Details:

Author(s): Baird Brown, Carolyn Elefant, Mark Sinclair, Melissa Haugh
Published By: Clean Energy Group, Clean Energy States Alliance (CESA)
Date: 09/11/2012
Type: Report
Technologies: Offshore Wind