Symposium on Energy in the 21st Century April 20, 2018 East Syracuse, New York

Vindeby: First Offshore Wind Farm in the World Vindeby Offshore Wind Farm (Photo: Danish Wind Industry Association)

Offshore Wind Growth 2017 Global Capacity – 17 GW 3 Offshore Wind Growth 2017 Global Capacity – 17 GW 3.1 GW net additions in 2017

€65+ billion invested since 2010 Offshore wind is a HUGE industry in Europe: _______________________________ 4,149 turbines 94 OSW farms in 11 countries 75,000 Jobs €65+ billion invested since 2010 Port of Bremerhaven, German

European Costs Plummeting!

East Coast Federal Wind Energy Areas

National Offshore Wind Strategy 2016 86 GW by 2050 JOBS – 160,000 by 2050 GHG Reduction of 1.8% Decreased air pollution saves $2 billion Water saved 5% Cost competitive in the northeast in a decade

MAJOR COMMITMENTS UP AND DOWN THE EAST COAST NY = 2400 MW MA = 1600 MW NJ = 3500 MW MD = 368 MW RI = 150 MW TOTAL: 8018 MW

Block Island Wind Farm

Offshore Wind Turbines Are Very Big

WHY NEW YORK? WHY NOW? It’s really windy Near major load centers Transmission bottlenecks On-shore siting challenges Jobs Climate change\ Help meet 50% by 2030 CES

Offshore WIND Staff, August 26, 2014; Image: 3sun Where Are We? 2,400 MW Commitment LIPA 90 MW South Fork Contract (includes storage) NY Offshore Wind Master Plan 800 MW Procurements 2018/19 PSC Proceeding 18-E-0071 Offshore WIND Staff, August 26, 2014; Image: 3sun

Joe Martens Director jmartens@aceny.org Deepwater Wind Block Island Wind Farm