The capital invested in this project, financial and political, would be better spent on wind installations and power distribution upgrade in the northern midwestern plains. No NIMBYs, hardly any people in fact!
His idea for siting farther off shore is a good one, but will not beat the low cost of plains based energy. And distribution grid upgrade on the plains can form a loop to attach thousands of wind machines to the grid, more efficient and cheaper than a really long cable way out in the ocean.
And what about the crucial invention for renewable energy? Energy storage. High profile spokespersons for green energy ought to be pushing reserach in this area. Superconducting energy storage is a practical technology that needs capital intensive government and private industry backing.