Offshore wind in the Atlantic Ocean has the potential to provide 1,300 gigawatts of power, according to The Turning Point for Atlantic Offshore Wind, a report by the National Wildlife Federation. Even 52 GW would be enough to power 14 million homes and create $200 billion in economic activity. And just 7.7 GW of offshore wind would create over 300,000 jobs and increase GDP by $30 billion.
Not only that, but for every 1,000 megawatts of wind energy fed into the grid, it is estimated consumers save $300 million in electricity costs.
Aside from the economic benefits, the report details plenty of other reasons offshore wind makes sense for the East Coast. The region is one of the most densely populated areas in the U.S. and also where the potential for wind power is greatest. Moreover, studies have shown that offshore wind creates the most energy when it is needed most: during the day and times of peak demand, like heat waves.
The report also outlines offshore wind potential by state and describes what each state has accomplished so far. Between its Atlantic shoreline and the Great Lakes, New York could produce 147 GW of offshore power. The Bloomberg Administration claims that offshore wind could account for up to 10 percent of the city’s energy by 2022.
Two proposed projects from Deepwater Wind offer huge possibilities for New York: the Deepwater Wind Energy Center off Rhode Island could supply up to 10 percent of Long Island’s energy, while the Hudson Canyon Wind Farm would bring 1,000 MW of power to NYC and New Jersey. Of course, the Long Island – New York City Offshore Wind Project, providing a proposed 350 MW of energy to Long Island and NYC, is also in the works.