March 29, 2021 — The Biden administration on Monday announced a plan to vastly expand the use of offshore wind power along the East Coast, aiming to tap a potentially huge new source of renewable energy that has so far struggled to gain a foothold in the United States.
The plan sets a goal of deploying 30,000 megawatts of offshore wind turbines in coastal waters nationwide by 2030, enough to power 10 million homes. To help meet that target, the administration said it would accelerate permitting of projects off the Atlantic Coast and prepare to open up waters near New York and New Jersey for development. The administration also plans to offer $3 billion in federal loan guarantees for offshore wind projects and invest in upgrading the nation’s ports to support wind construction.
The moves come as President Biden prepares a roughly $3 trillion economic recovery package that will focus heavily on infrastructure to reduce greenhouse-gas emissions and tackle climate change, an effort he has framed as a jobs initiative. Officials made a similar case on Monday, saying offshore wind deployment would create 44,000 new jobs directly in the offshore wind sector, such as building and installing turbines, as well as 33,000 new indirect jobs.