By Timothy Cama - 05/07/14 03:17 PM EDT
The Department of Energy (DOE) Wednesday said it will give up to $47 million each to three offshore wind power projects over the next four years to pioneer “innovative” technology.
The planned projects are off the costs of New Jersey, Oregon and Virginia. DOE said the money will help speed the deployment of efficient wind power technologies as part of the government’s effort to expand the use of wind power.
The Fisherman’s Energy project off the coast of Atlantic City, N.J., was chosen for its inexpensive foundation. Principle Power’s project near Coos Bay, Ore., was chosen because it will sit on a semi-submersible base in deep water. A Virginia Beach, Va., project by Dominion Virginia Power was picked because of its unique, U.S.-built foundation.
There are not currently any operational offshore wind farms in the North American water.