Biden Administration Announces Major Offshore Wind Expansion Plan

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    Greensea Systems
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    By Jennifer A. Dlouhy and Josh Saul (Bloomberg) —

    The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of projects at sea capable of generating enough electricity for more than 10 million American homes.

    Top administration officials unveiled the new goal in a Monday meeting with state officials, executives and labor leaders, as part of President Joe Biden’s push to counter climate change, promote renewable energy and strip the electric grid of greenhouse gas emissions by 2035. As part of the push, federal regulators took steps to advance the sale of offshore wind farm rights in Atlantic waters south of New York’s Long Island.

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