THE US OFFSHORE WIND STARTS SPINNING SUMMER 2018/ - PowerPoint PPT Presentation

THE US OFFSHORE WIND STARTS SPINNING SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

BUSINESS NETWORK FOR OFFSHORE WIND 1 Not-for-Profit 2 Focus on supporting the US Offshore Wind supply chain 3 Provide: information education introductions SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

MEMBER DRIVEN ORGANIZATION YOUR OFFSHORE CONSTRUCTION WORKFORCE SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

MEMBERSHIP DUE USED TO: ACTIVITIES INCLUDE Testifying Convening businesses to ‘talk up’ opportunities Voice of concern for bad policies Industry Days Topical 1-day gatherings Annual International Partnering Forum Working with State and Federal governments SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

THE POTENTIAL OFFSHORE WIND DELIVERS ENERGY WHEN AND WHERE IT’S NEEDED MOST.

US OSW STRUCTURE STATES BUSINESS NETWORK OSW Policy / Market drivers / Regulations US BOEM / US BSEE Leasing and approval of plans / Regulators PRIVATE DEVELOPERS / LEASEES Orsted, Equinor, Avangrid / Iberdola, Copenhagen Offshore Partners, Deepwater Wind,US Wind, Fishermen's Energy SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

VT NH MA RI N Y C T CAPE WIND REVOLUTION WIND FARM (DEEPWATER WIND) VINEYARD WIND (CIP/AVANGRID) MASSACHUSETTS WEA BAY STATE WIND (ØRSTED) SOUTH FORK WIND FARM (DEEPWATER WIND) P A BLOCK ISLAND WIND FARM (DEEPWATER WIND) EMPIRE WIND ( EQUINOR ) NJ NYSERDA IDENTIFIED AREAS DE US WIND MD OCEAN WIND (ØRSTED) GARDEN STATE OFFSHORE ENERGY (DEEPWATER WIND) SKIPJACK WIND FARM (DEEPWATER WIND) US WIND VA VIRGINIA - DOMINION US OFFSHORE NC NORTH CAROLINA - KITTY HAWK (AVANGRID RENEWABLES) WIND MARKET

4-6GW supports a Northeast regional pipe- 1,000+ line creating COMPLETED / RI Block Island Wind Farm 75,000 America’s first offshore wind farm APPROVED / NY, MD construction jobs Long Island Power Authority new jobs 90 MW Project Construction starting 2020 Maryland Offshore Wind 368 MW Project NY, MA, NJ and MD are PENDING / MA committed to buy 400-800 MW 32% reduction in energy 5.46 GW costs for offshore wind since 2012 of offshore wind power 13 new Offshore wind prices continue to de- 5.5¢ crease. In Europe, the purchase price is kWh as low as 5.5¢ / kWh US wind energy areas equalling 17 GW 13¢ Maryland offshore wind price kWh SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

PORT INFRASTRUCTURE

SUPPLY CHAIN GAPS 1 Vessels - Speciality vessels 2 Nacelle and blade manufacturing Large wind components for Nacelles 3 Cables 4 O&M - Workforce training SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

THE PRESENT ADMINISTRATION SECRETARY OF THE INTERIOR RYAN ZINKE SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

THE IMPORTANCE OF STATE GOVERNMENT STATES’ COASTAL WATERS UP TO 3 MILES FROM SHORE State and federal government review: marine terminal to offshore wind farm area (Task Force meetings). States are responsible for power policies Historically, legislation required to support offshore wind Public Service Commissions responsible for administra- tion and decisions about offtake agreements SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

REGIONAL COOPERATION LEND STRENGTHEN THE OPPORTUNITIES TO EXPERTISE SUPPLY CHAIN PARTNER SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

OUTLOOK AND SUMMARY BEST EVER 5-8 MW pipeline: most installed by 2025 >10 MW by 2030 PPA prices downward trend Continual need for European expertise with US ‘local’ business participation Streamlining of lease and permitting processes Uptake of Floating Offshore Wind SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/

LIZ BURDOCK EXECUTIVE DIRECTOR BUSINESS NETWORK FOR OFFSHORE WIND liz@offshorewindus.org / 443.652.3242 offshorewindus.org bizmdosw @offshorewindus business network for offshore wind SUMMER 2018/ OFFSHOREWINDUS.ORG/ @OFFSHOREWINDUS/