The offshore wind project is planned off Marthas Vineyard, Massachusetts. Photo: Education Images/Universal Images Group via Getty Images

Shell-Ocean Winds venture sees '$500m upside' for US billpayers after offshore tax breaks

Joint Venture sees reduction in cost to utilities from 804MW of capacity after ITC decision

11 January 2021 11:44 GMT Updated 11 January 2021 18:05 GMT

Bill payers in Massachusetts could save $500m over the life of 20-year offshore wind power deals thanks to recent federal tax breaks

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