❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

American wind power draws big investments

Scott Tong Dec 17, 2018
HTML EMBED:
COPY

American wind power draws big investments

Scott Tong Dec 17, 2018
HTML EMBED:
COPY

The wind power industry is still catching its breath after a remarkable auction. Last Thursday, and into Friday, wind energy companies outbid each other for the right to build wind farms off the coast of Massachusetts. In the end, the winning bids before the Interior Department were higher than the latest auction price to drill for offshore *oil. Translation: A lot of the industry is betting on America as the next big emerging market for offshore wind.

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.