At the OurEnergyPolicy event in December 2019, panelists discussed “New York’s Emerging Offshore Wind Market”. In the ensuing 18 months, momentum has gathered behind proposed projects up and down the Atlantic Coast (including the Vineyard Wind project, which has received its key federal approval). Almost 8GW of offshore projects already have been awarded under State contracts and more are in the pipeline. The Biden administration and certain state governments have recently announced efforts to open lease areas off the West Coast and the Gulf Coast along with the expansion of the lease areas in the Northeast. While siting and permitting matters remain as major hurdles that projects need to clear (especially for projects off the California Coast), the industry is increasingly focusing on the supply, logistics, installation, servicing, financing, and associated economics that need to be tackled in order to bring projects to market. Supply and services contracts are moving forward for equipment and services such as turbines and maritime services. This conversation will discuss the opportunities and challenges that are unique to bringing offshore wind projects to market in the Northeast in the near term and other coastal areas in the medium term.

Opening Remarks By: Congressman Jerry McNerney (D-CA-9)

Featuring: Samantha Buechner Director, Renewable Energy & Environmental Finance Wells Fargo João Metelo Clean Energy Leader and Chief Executive Former CEO, Principle Power Will Roberts President Foss Maritime Company

Moderated By: Benjamin Huffman, Partner SheppardMullin