CEA President: Offshore Alternative Energy Projects Contribute to Balanced Energy Policy for America

HOUSTON — April 28, 2010   Consumer Energy Alliance (CEA) President David Holt issued the following statement regarding the decision on the Cape Wind project in Nantucket Sound by the Secretary of the Interior Ken Salazar.

“The approval of the Cape Wind project is a major step forward in achieving a balanced energy policy for America which thoughtfully and responsibly utilizes all domestic energy resources. I commend Secretary Salazar on his achievement in approving the project, which sets a significant precedent as the first offshore wind farm in the nation.

“In addition to creating hundreds of new jobs during its construction and future operations, once constructed, the Cape Wind project will meet approximately 75 percent of the electricity demand for Cape Cod and surrounding islands. The approval of this renewable energy project is an achievement to be proud of and will provide electric consumers in the region with stable energy prices for the next 20 years.

“Developing offshore wind farms, such as Cape Wind, will boost the national economy, create valuable new jobs, stabilize energy prices and reduce our reliance on foreign energy. The Cape Wind project will also allow southeast New England become a global leader in the growing field of offshore renewable energy – an economic sector that will employ tens of thousands of people in the years to come.

“Through strong support for domestic energy projects, such as Cape Wind, Consumer Energy Alliance is committed to supporting a balanced energy policy for America that encompasses all energy resources, including both alternative sources, such as wind, water and solar, as well as traditional, such as oil and natural gas.”