Report: Offshore wind supply chain worth $109B over 10 years

A group studying the economics of offshore wind energy in the U.S. says building and operating the nascent industry will be worth $109 billion to businesses in its supply chain over the next 10 years. The U.S. has set a goal of generating 30 gigawatts of power from offshore wind by 2030 — enough to power over 10 million homes. It also projects the amount of power states will generate from offshore wind by 2030. New York is forecast to have 9,314 megawatts; New Jersey to have 7,558; Massachusetts to have 5,604; Virginia to have 5,200; Connecticut to have 2,108; Maryland to have 1,568; and Rhode Island to have 1,000. Currently, 8,000 megawatts worth of power are under contract in those states.

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