The ability of a region to support the development of the offshore wind (OSW) supply chain will greatly affect the size of the industry’s economic impact. The impacts of OSW are higher when the industry employs people from the region and spends its dollars at the region’s businesses because this keeps dollars in the community. Several factors will affect the level of local content.
As of March, 2018, the total amount of offshore wind being procured in the United States is between 4,595 and 4,745 MW of nameplate capacity, depending on capacity factors. Click here to learn more about what each state is doing to promote OSW deployment.
The PPC conducted a pair of analyses to describe the economic contributions to employment and economic output that the proposed 400 and 800 MW Vineyard Wind Offshore Wind Energy Projects can be expected to have on the Commonwealth of Massachusetts and the regional economy of Southeastern Massachusetts.
Click here to view the reports and their findings.
A special project of the Public Policy Center at the University of Massachusetts Dartmouth, OSWEP provides academically-rigorous, objective expertise on the development of the offshore wind industry in North America.
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