Below is an excerpt of an article co-authored with Jessica Bardi and Eden Yerby, members of Robinson+Cole’s Coastal + Offshore Resources Industry Team, and published in The Maritime Executive.
Offshore wind (OSW) deployment is a key component of the Biden administration’s renewable energy goals, including the installation of 30 GW of offshore wind capacity by 2030 and 110 GW by 2050. For perspective, the administration estimates that 30 GW would power over 10 million homes. The Northeast, with its favorable coastal shelf and prevailing wind conditions, has been at the forefront of offshore wind development in the United States. While federal and state permitting efforts have advanced on several projects and turbines have started to leave coastal ports for their offshore destinations, other planned installations have stalled recently due to changing economic conditions. Read the full article.