CA Eyes Old Seaports For Wind Farms

Christina Thompson (Anchor, EarthxNews):  Amid rising construction costs, California is hoping to breathe new life into abandoned seaports as it looks to develop new offshore wind energy projects.

In California, lawmakers want to use $1 billion in bonds to redevelop seaports for offshore wind energy projects even as the industry faces challenges like losing subsidies and increasing costs.

You might remember we’ve reported on several offshore wind developers in the Northeast cancelling or delaying projects because of these growing costs. Nevertheless, California is forging ahead.

Last year, Governor Gavin Newsome signed a new law that gave California the ability to buy electricity from these wind facilities, regardless of the rate. This was to make sure that changes in costs would not interfere with the projects and so that companies know there is still a market for it.

The law is expected to increase electricity bills for Californians, though how much is still not known.