NightBlogger

CNN — A contract to build what is being called the nation’s first offshore field of wind turbines was announced Monday by a Delaware utility and a firm that will build the generators off the Atlantic coast. Using electricity generated by the wind, “Delmarva Power will be able to light about 50,000 homes a year, every year” for the duration of the 25-year contract, Lanard said, with first power expected by 2012. He said the project may help stabilize consumer energy costs, since the contract locks in the price Delmarva will pay per kilowatt-hour. Bluewater has previously established an offshore “energy park” operating off Denmark. More