Offshore wind energy

11:47 am
Fri October 17, 2014

Governor McCrory Pushes for Revenue Sharing

The first annual Coastal Energy Summit was held in Wilmington on October 9th.
Greater Wilmington Business Journal

At the recent Coastal Energy Summit, experts and policy makers were looking offshore for future development.  But whether it be wind, oil, or natural gas, those resources are located in federal waters, meaning the profits from the leases go to the national government.  Governor Pat McCrory is part of a coalition which aims to bring revenue from offshore energy to the state. 

Read more
5:03 pm
Thu July 10, 2014

Offshore Wind Energy Advocates say North Carolina Lags Behind Atlantic Coastal States

Offshore wind turbines in the Irish Sea off Walney Island
Andy Dingley

North Carolina could begin issuing oil and natural gas drilling permits as early as next spring.

Read more
5:09 am
Mon February 4, 2013

Business Brief: Wind farms off NC could be boon for Cape Fear economy

Wind farms just a few miles off the coast of North Carolina could be a reality within the decade.  After tax incentives for these projects were renewed in the recent “fiscal cliff” deal, the Bureau of Ocean Energy Management came to Wilmington to hear what area residents and stakeholders think.  That’s because two of three projects planned for North Carolina coastal waters are in the Cape Fear region.

Read more
7:16 am
Fri September 14, 2012

Offshore wind energy tax credits expire at year-end; NC one of leading candidates for wind farms

Offshore wind farm
Bureau of Ocean Energy Management, Regulation, and Enforcement

A coalition of environmental groups, small businesses, and elected officials in the state say offshore wind energy is a portal to good jobs, renewable, clean energy.  And it's dramatically under-planned and underfunded in North Carolina. 

Read more