The Economics of Wind
Wind power creates jobs and keeps more of our energy dollars in the United States.
Wind power can help to fight inflation.
Wind parks are beneficial for tourism and recreation.
Wind energy appeals to utilities and consumers alike because of its ability to generate electricity without increased costs due to escalating fuel prices, without concern for an uncertain future fuel supply and without unknown future costs related to curbing greenhouse gas emissions.
In addition to providing stable-priced electricity, wind energy provides many other benefits for our economy:
- Fights Inflation. Unlike power from oil and natural gas, which are subject to inflationary price increases or under the control of international cartels, wind energy depends on a free, local resource - the wind - and does not contribute to inflation.
- Boosts Tourism and Recreation. While Bluewater Wind's offshore projects will be difficult to see from shore, experience shows that wind parks are good for tourism. Local businesses often organize tours and informational exhibits, and Bluewater Wind welcomes site seeing excursion boats to visit our wind parks. The foundations of offshore wind projects provide new habitat for marine life, enhancing recreational and commercial fishing and scuba diving opportunities.
Wind energy is good for our economy, and is also good for our environment. Read more.
