Vineyard Wind 1, which is set to become the first large-scale offshore wind project in the U.S., is one step closer to starting construction with the completion of an environmental impact statement from the U.S. Bureau of Ocean Energy Management last month. 

Located about 15 miles off the coast of Martha's Vineyard, the project is set to power 400,000 homes and businesses across Massachusetts. 

A combination of strong winds, shallow water, and a nearby population who could benefit from the renewable energy source makes the location prime real estate for a wind farm. 

"Basically what we're trying to do is to harness the strong and consistent winds that are offshore," Vineyard Wind CEO Lars Thaaning Pedersen told Cheddar. "The corridor from Washington to Boston, some people have dubbed it the Saudia Arabia of offshore wind."

Pedersen said the company is working hard to make sure it sets a good example in how it locates the project, coexists with other ocean users, and protects the natural environment. 

"Sometimes being the first is a blessing and a curse," he said. 

"Not only do we have to deliver a project that is well-sited and responsibly constructed, but also we have to kickstart a new industry that will create thousands of jobs in the U.S.," he added. 

In order to combat climate change, Pedersen said an "all of the above'' strategy is necessary, and given the Northeast region's dense population, on-shore wind and solar are more difficult. 

While other parts of the country may have the raw acreage to build out large renewable energy sources, such as solar farms that require a sizable physical footprint, the Boston to Washington, DC, corridor has a plentiful supply of coastal wind. 

Offshore has other advantages as well, said Pedersen, like it's easier to employ bigger turbines, which generate more power, because of the ability to ship them out by sea. 

"For our project, we're using the largest turbine in the world manufactured by GE," he said. 

For the moment, Vineyard Wind is pioneering offshore turbines in the U.S., but the nascent industry could get a boost from the Biden administration's $2.3 trillion infrastructure bill, which calls for the construction of 30-gigawatts of offshore wind power by 2030. 

That's roughly 30 projects of the size of Vineyard Wind's 800-megawatt farm. 

"We think that is doable and will attract a lot of investment into the U.S.," he said.  

The company plans to deliver the first electrons into the Massachusetts grid by 2023. 

Share:
More In Business
Starbucks’ Change Flushes Out a Debate Over Public Restroom Access
Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom use policies that varies by state and city. Starbucks announced last week a new code of conduct that says people need to make a purchase if they want to hang out or use the restroom. The coffee chain's policy change for bathroom privileges has left Americans confused and divided over who gets to go and when. The American Restroom Association, a public toilet advocacy group, was among the critics. Rules about restroom access in restaurants vary by state, city and county. The National Retail Federation says private businesses have a right to limit restroom use.
Trump Highlights Partnership Investing $500 Billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Load More