While national attention focused on the US presidential election last week, voters in Louisiana, Rhode Island, and California passed significant state-level measures aimed at advancing offshore wind infrastructure and supporting the build-out of clean energy projects.
In California, voters approved a USD 10 billion (EUR 9.4 billion) climate bond, with over USD 800 million earmarked for offshore wind port and transmission upgrades. These funds will contribute to the development of key ports, including Long Beach and Humboldt, crucial for supporting offshore wind projects.
Louisiana saw more than 73% of voters backing a constitutional amendment that directs federal revenue from offshore wind lease sales into the state's coastal protection and restoration fund. The amendment aligns offshore wind revenue treatment with that of traditional offshore oil and gas leases, ensuring a steady stream of funds for coastal conservation efforts.
Rhode Island voters supported a USD 53 million state bond measure, with USD 15 million designated for upgrades to the Port of Davisville. The port is set to become a key hub for offshore wind operations and maintenance, strengthening the state's position as a leader in the offshore wind sector.
Nancy Kirshner-Rodriguez, senior director of policy and outreach at Oceantic Network, emphasized the growing support for offshore wind, stating, “Voters are responding to the US offshore wind industry's demonstrated economic benefits by overwhelmingly supporting long-term investments in their regions.” She added that these measures will help unlock the significant economic potential of offshore wind energy, including local investments and job creation.
Despite these victories at the state level, concerns linger over the outcome of the US presidential election. With Donald Trump securing the presidency, many in the renewable energy sector worry about the future of offshore wind projects. Trump, known for his opposition to wind energy, has pledged to take executive action on his first day in office to halt offshore wind development, posing a potential challenge to the momentum generated by these state-level measures.
