- Published: 27 September 2021 27 September 2021
Mayor de Blasio and New York City Economic Development Corporation (NYCEDC) have announced a 15-year, $191 million Offshore Wind Vision (OSW) plan.
New York City will make commitments focused on three core areas: sites and infrastructure, business and workforce, and research and innovation. The city will work to develop infrastructure that will support the construction and operation of offshore wind farms. The plan outlines how the city will expand its manufacturing sector to build, stage, and install wind turbines, and ensure they can be serviced and powered locally.
The plan also commits the city to developing public-private partnerships with communities to create good-paying, green jobs in disadvantaged neighbourhoods historically impacted by climate injustice. The city will focus on targeted investments to develop workforce trainings and support businesses that seek to create a diverse talent pool in offshore wind.
The plan further aims to support Minority/Women-owned Business Enterprises (MWBEs) and other local companies in accessing over $70 billion expected to be created by the offshore wind industry.
Lastly, the city will work to promote research and innovation in offshore wind so new technologies and approaches are created in New York City. NYCEDC will work with the offshore wind industry and partners to launch an accelerator that will allow New York-based startups to build out the next generation of offshore wind technologies to support worldwide growth and advancement in the field.
The OSW Vision Plan looks ahead to attract additional federal, state, and private investments to drive industry growth to make the long-term vision a reality.