Real Assets
Over the past two years, states on the U.S. East Coast have announced increasingly ambitious targets to build offshore wind projects. In January of this year, to cite the most consequential recent example, New York nearly quadrupled its offshore wind target to 9,000 megawatts by 2035. But what do the gigawatts of state-level commitments mean for companies unsure whether to commit resources to become part of the supply chain for offshore wind projects? A new report from the Special Initiative on Offshore Wind (SIOW) at the University of Delaware aims to provide “first-of-its-kind granularity” into the U.S. offshore wind supply chain.