Tracing its roots to the early development stages of the first commercial-scale offshore wind (OSW) farms, the Offshore Wind Economics Project (OSWEP) is engaged in continuous tracking of industry trends from the naissance of the OSW industry in America. OSWEP provides independent and objective expertise and research on the OSW industry to policymakers, researchers, supply chain businesses, and the general public. Currently the go-to source for information about economic development impacts and workforce development needs, OSWEP is also collecting information about opportunities for research, development, & innovation (RDI) and supply chain opportunities (identification of regional strengths and industry gaps).
The data collection and research conducted by OSWEP enable us to contribute to the development of industrial strategy. This includes the identification of industry and market challenges, analysis of supply chain gaps and opportunities, and the identification of key success factors to benchmark OSW activities against the best performers worldwide. Furthermore, OSWEP’s connection to the School of Marine Science and Technology at UMass Dartmouth and to the active fishing port of New Bedford, Massachusetts means that our staff is acutely aware of the economic development tradeoffs and environmental impacts of OSW development, and thus we aim to capture the full range of impacts in our analysis and reporting.
Work conducted by OSWEP is conducted by the staff of the Public Policy Center and supported by the range of expertise present at the University of Massachusetts-Dartmouth. Reports authored by Public Policy Center staff include a workforce analysis of the first 1,600 MW of offshore wind in Massachusetts, an economic impact analysis of the proposed Vineyard Wind offshore wind energy project, and Navigating the Global Economy: A Comprehensive Analysis of the Massachusetts Maritime Economy.