The report recommends enactment of a comprehensive statute and rules to address the granting of easements and leases of state-owned submerged lands and the associated water column and air space for alternative energy projects, as well a review of existing rules and roles of the Coastal Resources Commission (CRC), Environmental Management Commission, and Utilities Commission (NCUC) in overseeing ocean-based alternative energy projects.
Overview of draft Department of Mines, Minerals, and Energy (DMME) research lease application for installation of two meteorological towers in the Virginia wind energy area (WEA).
Virginia features over 3,300 miles of coastline and many low lying urban and industrial centers that are subject to flooding and erosion. Global-warming-induced sea level rise and more extreme tropical storms and hurricanes are likely to have increasingly severe impacts. Nearly 4,000 MW of new offshore wind capacity can be located beyond the usual horizon (12 nautical miles offshore) off Virginia Beach that could result in significant CO2 emission reductions.
Overview of North Carolina wind resource potential, offshore wind technology and costs of energy.
The report recommended nine strategies to meet the goals and objectives of Executive Order 31 in addressing Delaware's short-term and long-term energy challenges. Delaware's offshore wind potential is estimated at 6,000-15,000 MW within a 300 square mile area. Included in the recommendations is the establishment of a voluntary renewable energy portfolio standard (RPS).
Volume II includes detailed data and discussion used to develop recommendations in Volume I.
The report offers an asssessment of New Jersey's renewable energy market and provides recommendations for the future direction of the New Jersey Board of Public Utilities' (BPU) clean energy programs. The report recommends establishing incentives for offshore wind at $2,745/kW on a capacity basis, or $50.25/MWh on a performance basis. The technical potential of offshore wind is estimated to be 2,500 MW by 2020, and its economic potential is 2,250 MW by 2020. Offshore wind is rated as New Jersey's second largest potential renewable energy resource, after solar.
The report estimates the range of the levelized cost of electricity for offshore wind energy to be between $120-155 per MWh. The technical and practical potential of offshore wind was not estimated because "available technologies have not achieved maturity or permitting issues introduce uncertainties."
The study reviews the current renewable energy in Virginia, prospects for future development, renewable energy costs compared to fossil-fueled alternatives, incentives and impediments to the development of renewable energy, economic impacts of renewable energy in Virginia, and environmental compliance considerations. Estimates offshore wind capacity potential to be 1,300-32,000 MW using class 5 and 6 winds (17 miles per hour or more).
The report examines the availability and accessibility of South Carolina's offshore wind energy resources.The total estimated feasible generation is 169,252 GWh.