Emerging Trends Series: Offshore Wind
Foley Hoag’s Energy and Cleantech practice and NECEC recently present a webinar discussion with offshore wind developers, leading public officials, investors and experts at the cutting edge of the Northeast’s emerging offshore wind market.
The recorded webinar is now available for on-demand viewing on the firm’s website.
After decades of speculation about offshore wind’s future in the United States, the industry that has long powered grids in Europe has finally arrived in the Northeast, the firm said on its website. In the last year America’s first offshore wind project — off the coast of Rhode Island — started spinning and delivering power to the grid, Massachusetts Governor Charlie Baker signed into law a bill authorizing the procurement of 1,600 megawatts of offshore wind, and New York Governor Andrew Cuomo committed to 2,400 megawatts of offshore wind off the coast of New York by 2030. Meanwhile, major utilities have announced agreements with developers to purchase energy generated from the projects planned for the eastern seaboard.