“There’s a real risk that, because of the market power of these companies, they may actually crowd out competitors and ultimately make renewable energy more expensive for consumers,” says Brad Campbell, president of the Conservation Law Foundation.
Campbell says he’d like to see federal and state officials do more to help other energy actors, including smaller businesses and startups, so they have a shot at participating in the nascent market.
“I don’t think that the oil companies bring — aside from large amounts of capital — particular expertise to the offshore wind space that isn’t otherwise available,” he says.
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