White Paper: Supply Chain Contracting Forecast for U.S. Offshore Wind Power — March 26, 2019
America’s growing offshore wind power industry — now projected to generate 18.6 GW of clean, cost-effective power in seven states on the Atlantic Seaboard by 2030 — is presenting a nearly $70 billion CAPEX revenue opportunity to businesses in the offshore wind power supply chain over the course of the next decade.
In this white paper, the Special Initiative on Offshore Wind (SIOW) quantifies the extensive supply chain business opportunities this $70 billion CAPEX is creating to build out the U.S. offshore wind sector between now and 2030, with quantification broken down by industry component, by state, and by year through 2030.
Report on Offshore Wind in Massachusetts Confirms Outlook for Market Driving Low – March 15, 2016
The Special Initiative on Offshore Wind (SIOW) released a report on the cost of offshore wind projects for Massachusetts illustrating that a commitment by the state to develop offshore wind (OSW) energy at a scale of 2,000 MW, combined with ongoing technology and industry advances, will lower previously projected costs for the clean energy source as much as 54 percent in the next decade.
Final Report: Massachusetts Offshore Wind Future Cost Study
Massachusetts Trade Mission to Denmark – September 8-10, 2015
The Special Initiative on Offshore Wind hosted Massachusetts lawmakers in an educational trade mission to Denmark and joined them as they got a first hand look at fully deployed offshore wind turbines that are already generating clean, renewable power for the grid. The trip was organized by the Danish Ministry of Energy, Utilities and Climate and funded by SIOW.
Trip Itinerary: Trade Mission to Denmark
At White House Summit on Offshore Wind, Feds Assemble Leaders to Chart Offshore Wind’s Future – September 28, 2015
Declaring offshore wind critical to America’s energy future, the White House convened a group of industry, non-governmental, and governmental leaders to develop supporting strategies for the long-term development of offshore wind energy along all U.S. Coasts.
Fact Sheet: White House Summit on Offshore Wind
U.S. Department of Energy Fund State Efforts to Catalyze Offshore Wind
The U.S. Department of Energy (DOE) has funded a multi-state project with New York, Maine, Massachusetts, and Rhode Island, which will produce a regional roadmap for offshore wind. The roadmap will lay out a cooperative path to develop offshore wind at the large-scale level of deployment needed to achieve economies of scale and establish a regional supply chain with high-quality local jobs.
Media Coverage: Feds Fund State Efforts to Catalyze Offshore Wind
Deepwater Wind Begins Installation of First U.S. Offshore Wind Project – July 2015
Deepwater Wind began construction on foundations for five, 6-megawatt wind turbines in the waters off Block Island, Rhode Island. These turbines will supply most of Block Island’s electricity and cut electric rates there by an estimated 40 percent.
Learn more: Block Island Wind Farm
SIOW Partners with New York to Conduct “Offshore Wind Cost Reduction” Study – March 10, 2015
In collaboration with NYSERDA, the Special Initiative examined the cost trajectory for hypothetical offshore wind energy projects built in the New York Bight, providing a roadmap of key strategic steps New York State can take to reduce costs of offshore wind power over the next decade and support large-scale development of offshore wind.
Final Report: New York Offshore Wind Cost Reduction Study
Offshore Wind Initiative Will Work at Intersections of Government, Industry, NGOs
Coverage of the launch of Special Initiative on Offshore Wind appeared in the University of Delaware’s UDaily outlet on Feb. 25, 2014. Read More