On September 1st, the North Carolina General Assembly released its Request for Proposals under HB 589 which requires an unnecessary study of military activity and potential impacts from wind.
Offshore Drilling vs. Offshore Wind – Should the Revenue Model Differ?
By Brian O'Hara, President
July 30 2013
This week, the U.S. government will hold the first ever commercial auction for a lease to develop offshore wind energy in the United States. In addition to marking a significant step forward for this new industry, this first auction also provides us with a good opportunity to reflect on some of the key differences between leasing for offshore renewable energy and offshore oil and gas, especially when it comes to revenue collection.