Please join the Atlantic Council Global Energy Center on Wednesday, November 8th from 2:30 pm to 4:30 pm ET for our offshore wind roundtable, a private and off-the-record discussion.
The discussion will feature two 60-minute panels: the first panel will examine ways by which US states can address cost inflation, while the second panel will discuss creative permitting. This workshop will be hybrid: participants will be welcome to join either in-person at the Atlantic Council offices or virtually via Zoom.
We anticipate a full in-person audience and will be taking reservations on a first-come, first-served basis. The meeting will convene key stakeholders from the public and private sectors and feature remarks and presentations from experts.
The US offshore wind sector faces substantial headwinds. Elevated steel prices and higher interest rates for capital-intensive projects have been responsible for significant cost inflation in the offshore wind sector. Some state-level policies, such as New York state’s cancellation of an offshore wind transmission line, have impaired the viability of first-wave projects. This session will examine how the U.S. offshore wind sector can overcome challenges through creative state initiatives.
Creativity will also be needed to address permitting challenges, which continue to bedevil the industry. Regulatory hurdles slow project execution times and raise project costs at a time of high interest rates. Meanwhile, many offshore wind advocates urge all levels of government to boost hiring of regulators, in order to conduct assessments and accelerate project approvals. Join us for some fresh thinking on how the industry can accelerate permitting approval times while maintaining safety standards and garnering community buy-in.
This is a private, off-the-record event under Chatham House rules. Please join this conversation either in the Atlantic Council offices or via the web application Zoom, which is accessible through your web browser, the Zoom desktop or mobile app, and by phone. To join this discussion, please use the registration form on this page.
EnergySource Aug 15, 2023
Post-IRA, offshore wind has become a partisan lightning rod. Here’s how to fix that.
By Joseph Webster
Linking offshore wind to complementary industries may help de-politicize the technology. The most important way for the offshore wind industry to ensure bipartisan buy-in, however, is to reduce consumer costs.
EnergySource Jun 26, 2023
US offshore wind’s growing pains: Permitting and cost inflation
By Joseph Webster, Elina Carpen
The United States has a nascent offshore wind strategy that requires approving new projects and catalyzing investment into the sector. Two major issues are constraining US offshore wind deployment: challenges in securing permits and cost inflation. How fast the US offshore wind market matures will depend in part on whether the country quickly learns from others who have more developed offshore wind sectors.
EnergySource Dec 5, 2022
A nascent US offshore wind strategy? Permitting reform and the Inflation Reduction Act
By Joseph Webster
US strategy on offshore wind is steadily evolving. The attendant changes could lay the groundwork for emergence as an offshore wind powerhouse.
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