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What the Biden Administration Offshore Wind Proposal Could Mean for New York ‎Offshore Wind | Locke Lord LLP

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On March 29, the Biden Administration issued a proposal to significantly boost U.S. investment in offshore wind energy. In addition to several funding mechanisms, the Administration proposed to designate a significant portion of the shallow water outside New York Harbor off the coasts of New York and New Jersey, called the “New York Bight”, as a priority Wind Energy Area. The next step is for BOEM to publish a Proposed Sale Notice for formal public comment followed by a lease process that the Administration estimates will take place in late 2021 or early 2022. ....

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On U.S. East Coast, Has Offshore Wind's Moment Finally Arrived?

On U.S. East Coast, Has Offshore Wind’s Moment Finally Arrived?
After years of false starts, offshore wind is poised to take off. Commitments by states, support from the Biden administration and billions in new investment are all contributing.
By Jon Hurdle, Yale Environment 360
March 6, 2021
Work proceeds on the Coastal Virginia Offshore Wind farm, 27 miles off Virginia Beach. (Credit: Dominion Energy)
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This article was originally published by Yale Environment 360. Read the original story here.
About 60 miles east of New York’s Montauk Point, a 128,000-acre expanse of the Atlantic Ocean is expected to produce enough electricity to power around 850,000 homes when it’s populated with wind turbines and connected to the onshore grid in the next few years. ....

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Rachel Loeb named acting president of New York City Economic Development Corp.

Rachel Loeb named acting president of New York City Economic Development Corp.
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Offshore wind power: Poised (finally) to take off on the East Coast?

Offshore wind power: Poised (finally) to take off on the East Coast?
thebulletin.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebulletin.org Daily Mail and Mail on Sunday newspapers.

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More NJ state money for offshore wind industry?

Credit: NJ Governor s Office
A rendering of the New Jersey Wind Port in Salem County
The Murphy administration’s plan to spend $200 million to upgrade a new port in South Jersey to serve the offshore wind industry is being touted as a step toward making New Jersey a hub of the fast-growing sector.
The commitment, proposed by Gov. Phil Murphy last week in his budget for the fiscal year that begins in July, also not so coincidentally matches what New York is offering offshore wind developers to build out ports in the Empire State.
The actions illustrate the stakes of the increasing rivalry and the costs arising for states along the Eastern Seaboard all pivoting to grab their share of new jobs, increased tax revenue, and other benefits from transitioning to a cleaner way of producing electricity for their residents and businesses. ....

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