December 06, 2017

A spokeswoman for the federal Bureau of Ocean Energy Management recently confirmed that Cape Wind, the 130-wind-turbine project proposed for Nantucket Sound, is “finally dead in the water”.
Jim Gordon, CEO of Cape Wind, announced on Friday that he is surrending the company’s lease on the 46 acres by filing an application to give up its rent. The declaration comes as opponents renewed their protests and filed an appeal of the Department of the Interior’s Bureau of Ocean Management decision to renew the lease, despite concerns raised by stakeholders about the viability of the project.
When it started in 2001, Cape Wind appeared to be a pioneer in renewable energy, however different ventures passed it by as it confronted a heap of claims. Year round and summer residents expressed concerns over the location of the project: some claim that the project will ruin scenic views from people’s private property as well as views from public property such as beaches, as the turbines will be only 4.8 miles from the shore and therefore decrease property values, ruining popular areas for yachting, and cause other environmental problems.
Energy Management Inc. developer of clean energy projects in the USA, has ceased efforts to build what was once expected to become the first offshore wind farm in the U.S.
The Cape Wind Project was a proposed offshore wind farm on Horseshoe Shoal in Nantucket Sound off Cape Cod, Massachusetts, United States. The wind farm projected to generate 1,500 gigawatt hours of electricity per year derived from wind power.