By the Numbers
NYC’s investment in OSW
The growing offshore wind (OSW) industry has an important role to play in New York City’s transition to clean energy over the coming decades. The City and State of New York are committed to 100-percent clean electricity by 2040 and carbon neutrality by 2050, requiring a generational shift to renewable energy from a variety of existing nonrenewable energy sources. OSW-generated electricity is anticipated to play a prominent role in transitioning NYC to a renewable zero-emission energy supply.
Nationally, enough OSW projects will be built in just nine years to power 10 million homes with clean, renewable electricity. A new industry will be created in the US to make this happen, with the potential to equitably distribute economic benefits to local workers, businesses, and communities.
NYC’s investment in OSW
New York City Economic Development Corporation (NYCEDC) is positioning New York City as a leader in the emerging domestic OSW industry. Industry leaders, community groups, and environmental justice organizations have recognized the size and scale of this opportunity and have supported the City’s goal to become an equitable hub for OSW. Offshore Wind NYC is the City’s 15-year, $191M investment to seize this opportunity and create shared economic prosperity while enabling local and New York State climate goals.
Offshore Wind NYC leverages the city’s expertise in maritime infrastructure development, world-class talent base and workforce development system, and capacity for innovation across sectors—all while centering a focus on equity.
This plan will enable NYC to support OSW projects up and down the East Coast. Further, NYC will be able to export innovative technologies and processes to advance OSW projects around the world.
Share of job and investment benefits directed to women, minorities, and environmental justice communities
The plan’s equity focus will make NYC the model for growing urban OSW hubs in the US and for ensuring that the clean energy transition is truly just for all. Offshore Wind NYC will:
In early summer 2023, NYCEDC brought a month-long series of free activities and events to Staten Island to allow residents to learn more about offshore wind and how it can benefit communities, businesses, and families. To view the 2023 Summer of Offshore Wind event schedule as well as the educational pamphlet and posters, click the links below.
If you would like free posters for educational purposes, please email [email protected] to make a request and arrange a pickup. Please include “Poster Request” in the subject line. Posters cannot be shipped.