Offshore Breezes Could Power 300,000 homes in NJ (GlobeSt.com)

From GlobeSt.com
ATLANTIC CITY-Ocean breezes, currents and waves could someday provide up to 1,000 megawatts of power to an estimated 300,000 homes in New Jersey if a Seattle developer sees his windfarm project to fruition off the coast here. And, in addition to the mitigation of global warming, the project could prove profitable for the developer and his investors.

“Our intention is to sell power at a competitive price,” Burton Hammer, president of Grays Harbor Ocean Energy Co., tells GlobeSt.com. He adds that given the preference for renewable energy, people will buy it, noting that the project would in turn, create green jobs while increasing shorefront real estate activity

Link to full story at GlobeSt.com