Source: Lawrence Berkeley National Laboratory; Database of State Incentives for Renewable Energy; National Conference of State Legislatures; Lawrence Berkeley National Laboratory; National Renewable Energy Laboratory
Analysis by CEC Economics
Highlight
- More states are developing and advancing offshore wind policies. In Massachusetts, An Act Driving Clean Energy and Offshore Wind became law in August 2022, which sets a procurement schedule for a goal of 5.6 GW of offshore wind by 2030.91 More recently, An Act Regarding the Procurement of Energy from Offshore Wind Resources was signed into law in July 2023 in Maine, which will set a procurement schedule for a goal of 3 GW of installed offshore wind power in the Gulf of Maine by 2040.92
91 The bill text is available at: https://malegislature.gov/Laws/SessionLaws/Acts/2022/Chapter179
92 The bill text is available at: https://www.mainelegislature.org/legis/bills/getPDF.asp?paper=SP0766&item=5&snum=131
Opportunity
- California is also shaping the state’s future growth of the offshore wind sector. As a result of the passage of AB 525, the California Energy Commission (CEC) adopted the Offshore Wind Energy Strategic Plan in July 2024 on how to meet its offshore wind development goals for 2030 and 2045.93 In September 2023, the state passed AB 1373, which makes numerous changes to electricity policy in preparation for offshore wind.94 Most notably, it authorizes the Department of Water Resources (DWR) to serve as a central procurement entity to procure energy resources in order to help the state meet its renewable and zero-carbon energy resources and reliability goals. In addition, California-ISO (CAISO) included the first phase of North Coast Offshore Wind development as part of the $6.1 billion buildout in its 2023-2024 Transmission Plan.95
93 California Legislative Information. AB-525 Energy: offshore wind generation. Released Sep 24 2021. Assessed Aug 22,2023. Available at: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB525
94 California Legislative Information. AB-1373. Published May 22,2023. Assessed October 23, 2024. Available at: https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240AB1373
95 California Independent System Operator. Offshore wind big part of ISO’s 2023-2024 Transmission Plan. April 2, 2024. Available at: https://www.caiso.com/about/news/offshore-wind-big-part-of-isos-2023-2024-transmission-plan
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