Market Data
April 6, 2021
Commerce Pushes Towards Offshore Wind Energy
Written by David Schollaert
U.S. Secretary of Commerce Gina Raimondo announced two new initiatives the Biden administration is taking to advance its clean energy goals. They consist of offshore wind power generation and a data-sharing agreement between the National Oceanic and Atmospheric Administration (NOAA) and Ørsted Wind Power North America LLC, an offshore wind developer.
The administration’s renewable resource goal–a significant portion of Biden’s $2 trillion infrastructure bill–is to reshape the U.S. economy and build out a clean energy infrastructure. Part of that endeavor is to tap into the potential of offshore wind power generation, combat the climate crisis and create more clean energy jobs. These efforts alone could add nearly 100,000 new union jobs by 2030 in offshore power generation and communities supported by offshore wind activity, according to government estimates.

