AB525 Plan outlines needed action on infrastructure and supply chain to reach 25 GW goal
For Immediate Release: July 10, 2024
Media Contact: Luke Jeanfreau | [email protected] | 504-302-8079
BALTIMORE — The Oceantic Network, the leading organization working to advance offshore wind and other ocean renewable industries and their supply chains, welcomes today’s passage of the Strategic Plan for Offshore Wind by the California Energy Commission (CEC). The state’s plan charts a path to achieving its goal of 25 GW of offshore wind energy by 2045. It also outlines required steps to foster a floating offshore wind industry in California, including port investments, upgraded transmission infrastructure, an improved permitting process, and supply chain and workforce development efforts.
California’s AB 525, passed in 2021, directed the CEC to establish offshore wind goals for 2030 and 2045. In 2022, the Commission set a goal of 25 GW of offshore wind power generation by 2045. It also required the Commission to develop the strategic plan released last month, with the goal of utilizing offshore wind in pursuit of achieving 100 percent clean energy by 2045.
To support these goals, in February, Oceantic Network launched the West Coast Supplier Council, focused on the unique needs and development of the region’s offshore wind sector and its supply chain. Then, in May, the Network collaborated with the Council to release the Suppliers’ Guide to Success: Smart Scaling for the U.S. West Coast Floating Wind Market, a report that analyzes the requirements for a full buildout of floating offshore wind on the West Coast and proposes industry and government solutions that will enable the buildout of a thriving supply chain.
The following statement can be attributed to Sam Salustro, vice president of strategic communication at Oceantic Network:
“The Oceantic Network and its West Coast Supplier Council thank the California Energy Commission for their extensive efforts to lay the groundwork for offshore wind in the Golden State and look forward to building upon and putting the final AB525 report into action. Floating offshore wind provides reliable clean energy at the scale needed for California’s clean energy transition. Already, California’s ambitious goal to deploy 25 GW of offshore wind by 2045 has positioned the state as a global leader in this emerging energy sector, but achieving this bold goal requires scaling a new industry quickly. The state has a critical role to play in developing a viable industry and attracting a robust local supply chain by prioritizing immediate investments in port and transmission infrastructure, providing a long-term, predictable pipeline of projects, and targeting local supply chain investments that are globally cost competitive, rather than pursuing local content requirements that can delay project deployment and increase costs.
“The Network’s West Coast Supplier Council members are veterans of the nation’s early development of offshore wind on the East Coast and are eager to support California’s stakeholders as they work to build the viable, scalable supply chain needed to achieve the state’s great ambitions.”
Additional Information:
For more information or to arrange an interview with the Network, contact Luke Jeanfreau at 504-302-8079.
###
As a non-profit organization, the Oceantic Network’s driving purpose is to inform, coordinate, and mobilize human ingenuity, enterprise, and labor to take advantage of the urgent need to tap the vast offshore wind and renewable energy resources that lie in the world’s oceans. The collective, coordinated efforts of our 600+ members equip communities and nations to accelerate the transition to clean energy and create economic opportunities.