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Author: Special Initiative on Offshore Wind

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New Report Provides an Offshore Wind Procurement Menu for Delaware

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Offshore wind technology has made rapid advancements and the cost of power from offshore wind has dropped dramatically. In response to these decreased costs, coastal states up and down the East Coast have begun purchasing offshore wind power with one notable exception: the state of Delaware. In this report, the Special Initiative on Offshore Wind (SIOW) projects the cost of electricity from offshore wind and finds that cost to be competitive with traditional power sources. The SIOW further provides tailored guidance and options for Delaware if it decides to initiate an offshore wind procurement process to capitalize on the rapidly growing offshore wind industry.

UDaily Story: Offshore Wind Energy Menu

Full Report: Offshore Wind Procurement Options for Delaware

Spreadsheets: Cost Spreadsheets-DE-OSW-Procurement

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Offshore Wind Procurement Options for Delaware

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In this report, the Special Initiative on Offshore Wind (SIOW) projects the cost of electricity from offshore wind and compares that cost with the cost of traditional power sources. The report further assesses the health and carbon costs of offshore wind in comparison to those traditional power sources. In the report, SIOW also provides tailored guidance and options for Delaware if it decides to initiate an offshore wind procurement process and calculates the electricity price impacts of those options.

Full Report: Offshore Wind Procurement Options for Delaware

Spreadsheets: Cost-Spreadsheets-DE-OSW-Procurement

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Three New Guides Highlight Public Participation Opportunities in State Offshore Wind Development Processes

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As the U.S. rapidly moves towards its goal of 30 GW of offshore wind by 2030, three new guides released today deliver a clear picture of offshore wind regulatory processes in three different states. These new Offshore Wind Public Participation guides for Massachusetts, New Jersey, and Rhode Island, produced by the Special Initiative on Offshore Wind (SIOW) at the University of Delaware, describe how the public has shaped offshore wind siting and planning in all three states and how they can participate moving forward.

Press Release: Offshore Wind Public Participation Guides Released for Massachusetts, Rhode Island and New Jersey

Full Guides: Offshore Wind Public Participation Guides

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Supply Chain Contracting Forecast for U.S. Offshore Wind Power –The Updated and Expanded 2021 Edition

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The U.S. offshore wind industry is moving aggressively toward the national goal of building 30 gigawatts (GW) of offshore wind by 2030 and is presenting a $109 billion TOTEX or total investment opportunity to businesses in the offshore wind power supply chain over the next decade. In this updated and expanded 2021 Supply Chain Forecast, the Special Initiative on Offshore Wind (SIOW) quantifies the extensive supply chain business opportunities presented by this $109 billion TOTEX from the development, construction, and operational phases with quantification broken down by offshore wind farm component, state, and year through 2030. This updated analysis also includes a calculation of development and operational expenditures, highlighting the extensive job and revenue opportunities associated with this rapidly growing industry.

Full Report: Supply Chain Contracting Forecast 2021 Edition

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Offshore Wind Public Participation Guide

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Offshore wind promises to supply large amounts of clean energy to America’s largest cities and coastal regions while launching tens of thousands of new careers and generating new investments in coastal infrastructure. Even so, all infrastructure development has unintended impacts, and members of other ocean industries and coastal communities have made it clear they want a say in the offshore wind development process. Those opportunities exist, but the process is sometimes opaque.

To that end, SIOW and AWEA partnered to produce a new guide designed to highlight public participation opportunities in the federal Bureau of Ocean Energy Management (housed within the U.S. Department of the Interior) regulatory process that governs leasing of areas on the Outer Continental Shelf for renewable energy development.

Full Guide: Offshore Wind Public Participation Guide

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White Paper: Supply Chain Contracting Forecast for U.S. Offshore Wind Power

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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.

Final Report: Supply Chain Contracting Forecast for U.S. Offshore Wind Power

Press Release: Report Details $70 Billion Opportunity for Businesses in Supply Chain

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SIOW White Paper: Supply Chain Contracting Forecast for US Offshore Wind Power

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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.

Full Report: SIOW White Paper: Supply Chain Contracting Forecast for US Offshore Wind Power

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Report on Offshore Wind in Massachusetts Confirms Outlook for Market Driving Low

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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

Press Release: Report on Offshore Wind in Massachusetts Confirms Outlook for Market Driving Low Cost

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Massachusetts Offshore Wind Future Cost Study

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This study models the cost of electricity from 2,000 MW of offshore wind energy, deployed off the coast of Massachusetts throughout the period 2020-2030. We find that costs will be far lower than previously contracted prices for offshore wind in the New England region and that costs will continuously lower throughout a build-out during the decade, due to ongoing technology and industry advances and the effects of making a Massachusetts market visible to the industry.

Full Report: Massachusetts Offshore Wind Future Cost Study