U.S. Offshore Wind Economic Impact Assessment

Reports


The offshore wind industry is poised for exponential growth in the United States.

Market projections anticipate between 20,000 to 30,000 megawatts (MW) of offshore wind capacity will be operational by 20301, representing between $28 – $57 billion of investment in the U.S. economy.

In addition to delivering customers with clean, affordable, and reliable power, the offshore wind industry will also contribute a variety of economic benefits to the U.S. economy, including supporting tens of thousands of jobs, billions in economic output, and investment in critical coastal infrastructure.

This report assesses the economic impact potential of the offshore wind industry over the next decade.