Offshore Wind Could Bring In $1.7B to U.S. Treasury by 2022
U.S. Treasury revenue by 2022, according to a study released by the energy intelligence group Wood Mackenzie. Apart from the benefits to the Treasury, the offshore wind industry in the U.S. could create 80,000 jobs annually from 2025 to 2035.Commissioned by four energy industry groups, American Wind Energy Association (AWEA), National Ocean Industries Association (NOIA), New York Offshore Wind Alliance (NYOWA), and the Special Initiative on Offshore Wind (SIOW) at the University of Delaware, the study dives into the economic impact of offshore wind activities as a result of potential Bureau of Ocean
The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World
delays. Recently, the Treasury Department has signaled to Congress that they will be looking at possible modifications to this rule.So what does all this mean for the maritime sector? Offshore wind has been tantalizing the industry for years now, and it’s no wonder why. The American Wind Energy Association predicts that the offshore wind projects could create up to 83,000 jobs and $25 billion in annual economic output by 2030. Already, the AWEA reports, companies have announced well over a billion dollars in port-related infrastructure, transmission infrastructure, manufacturing facilities
Vineyard Wind to Miss Startup Target Over Permit Delay
unexpected and unintended bottlenecks and holdups," NOIA President Erik Milito said in a statement.The U.S. currently has just one five-turbine offshore wind farm in operation. Including Vineyard Wind, 14 large offshore wind projects are expected to come online by 2026, according to the American Wind Energy Association.(Reporting by Nichola Groom; Editing by Cynthia Osterman and Marguerita Choy
New Hires Boost RCG US Team
planning, supply chain analysis, independent engineering, and technical advisory.Kuhn is a renewable energy legislative affairs and policy expert, working most recently as a strategy analyst with the New York Power Authority (NYPA) and prior to that in Federal legislative affairs at the American Wind Energy Association (AWEA). She has developed policy strategy for large-scale renewables, energy storage, electric vehicle infrastructure and microgrid projects. Kuhn earned her BA in Environmental Management, and her Master of Public Administration (MPA) at Indiana University. She will assist clients in
Energy Industry Says 'No Thanks' to Trump Offer of Marine Sanctuaries
such development is cheaper and less controversial. California’s waters are deep, requiring costly and unproven floating wind turbine technology. Development there would likely also face onerous state regulatory hurdles and potential public opposition. “The American Wind Energy Association is not advocating for re-visiting any (marine sanctuary) designations,” said Evan Vaughn, spokesman for AWEA. “In general, the designations have not been a barrier to offshore wind development.” Trump has long criticized wind power as unreliable, producing
Wind Surpasses Hydro as Largest US Renewable Energy Source
as the biggest source of renewable electricity in the United States following the sector's second-biggest quarter ever for new installations, a wind industry trade group said on Thursday. Wind installations totaled 82,183 megawatts at the end of 2016, enough to power 24 million homes, the American Wind Energy Association said in its fourth-quarter market report. By comparison, U.S. hydroelectric capacity stands at about 80,000 megawatts, according to the federal Energy Information Administration. Wind installations soared to 6,478 MW in the fourth quarter, accounting for nearly 80 percent of all
AWEA Chicago Conference & Expo Kicks Off
New American Wind Energy Association (AWEA) leadership takes helm with EDPR’s Gabriel Alonso chairing the board. Tom Kiernan to speak as incoming CEO. Generating a sense of electricity like the thousands of wind turbines in the region, the WINDPOWER 2013 Conference & Exhibition (May 5-8, 2013) officially came online in Chicago, a hub for the American wind energy industry. New leadership for the American Wind Energy Association (AWEA) is first being inducted, followed by a packed schedule of educational sessions and a dynamic exhibition covering the area of 11 football fields. WINDPO
February 2024
