Economic Opportunities

offshore wind turbine

Offshore wind is a burgeoning multi-billion-dollar industry that will bring unparalleled economic opportunities to New York State and the surrounding region. New York is projected to realize more than $6 billion of investments by 2030, creating as many as 5,000 new jobs in a range of sectors including installation, operations and maintenance, manufacturing, and project development.

With an industry-leading commitment of developing 2,400 megawatts of offshore wind energy, a central location between Northeastern and mid-Atlantic states, core manufacturing competencies, pioneering education and labor institutions, and a veteran workforce, New York is ideally positioned to become the future hub of the emerging U.S. offshore wind industry.

Constructing and maintaining offshore wind facilities requires an experienced workforce and a diverse, advanced supply chain and is a priority for New York State. To meet this end, NYSERDA has formed a Jobs and Supply Chain Technical Working Group to ensure that:

  • New York capitalizes on this workforce is prepared to serve the industry
  • Local port facilities and maritime experts are of maximum use to regional offshore wind projects
  • Companies across the State are able to integrate into the global offshore wind supply chain