Biden’s Big Bet On Offshore Wind

  • Date: 09-Apr-2021
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
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Biden’s Big Bet On Offshore Wind

Wind turbines, of the Block Island Wind Farm, tower over the water on October 14, 2016 off the ... [+] shores of Block Island, Rhode Island. The first offshore wind project in America has created more than 300 construction jobs and will deliver the electricity demands for the entire island. / AFP / DON EMMERT (Photo credit should read DON EMMERT/AFP via Getty Images)



AFP via Getty Images

The Biden administration recently announced a plan to substantially expand the use of offshore wind power along the East Coast, aiming to tap a huge new source of clean energy that is likely to gain widespread acceptance in the United States.



The bold bet would result in the generation of 30 gigawatts (GW) of wind power by 2030, enough to power over 10 million homes and cut 78 million metrics tons of CO2 emissions. Currently, the United States has only one offshore wind farm off the coast of Rhode Island generating 30 megawatts (MW) — 1,000 MW are in one GW.  

Offshore wind farming represents a significant opportunity for the creation of “green-collar” jobs, with maintenance and day-to-day operations requiring regular support. Yet, the