Offshore Wind Energy: Delivers ‘Endless’ Jobs, Billions for States

State leaders highlight economic boon from industry supply chain

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Projects: Energy Modernization
Offshore Wind Energy: Delivers 'Endless' Jobs for States

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Offshore Wind Energy: Delivers ‘Endless’ Jobs, Billions for States

"The offshore wind industry represents billions of dollars of opportunity both in terms of manufacturing, installations, and supply chain. There’re huge opportunities for states,” Gulf Wind Technology CEO James Martin says.

Among the potential benefits of a robust U.S. offshore wind sector and supply chain: $12 billion in private investment, 49,000 new manufacturing and supplier jobs. Tracey Butts, who trains offshore wind technicians in Virginia, agrees, saying, “It’s endless, the amount of jobs this can and will create."

Article January 8, 2024

Power Company Executive Builds Support for Offshore Wind

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Article January 8, 2024

John Larson, director of public policy and economic development at the power company Dominion Energy Virginia, has participated in thousands of meetings talking about the Coastal Virginia Offshore Wind (CVOW) farm that the utility is building 27 miles off the coast of Virginia Beach.

A person in a button-down shirt and slacks has a broad smile while crouching between two white wind turbine blades laying on graduated shallow wood block steps.
A person in a button-down shirt and slacks has a broad smile while crouching between two white wind turbine blades laying on graduated shallow wood block steps.
Article December 12, 2023

Offshore Wind Industry Ripe for Supply Chain Investment

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A person in a button-down shirt and slacks has a broad smile while crouching between two white wind turbine blades laying on graduated shallow wood block steps.
Article December 12, 2023

As the push to move to a clean energy economy in the U.S. accelerates, the offshore wind (OSW) industry has the potential to advance the transition by creating jobs, improving infrastructure, and stimulating local economies. With a national goal of developing 30 gigawatts (GW) of energy from OSW by 2030, a U.S.-based industry could attract $12 billion in direct private investment annually while reducing overall emissions, according to the Department of Energy (DOE). Generating 30GW of energy from offshore wind would power approximately 10 million homes annually.

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Projects: Energy Modernization
Topics: Infrastructure, Fiscal & Economic Policy & U.S. State Policy
Tags: Energy
Experts: Laura Lightbody
Places: United States
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Laura Lightbody Director
Energy Modernization
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