(RALEIGH) --- A report from the University of North Carolina at Chapel Hill says the best place to build a wind power farm would be 40 miles off the North Carolina coast. Bill Holman, Director of State Policy at the Nicholas Institute, says there are a lot of companies that are putting a lot of money into wind power.

"You've got companies like general electric who are in the wind business and the Spanish and Auropean companies where the Europeans have been doing off shore and on shore projects for a number of years and are looking for new projects." says Holman

"The chinese are getting in to it. it's not the solution but it's part of the solution for cleaner sources of energy going forward."