Floating Offshore Wind in Oregon: Potential for Jobs and Economic Impacts from Two Future Scenarios

Construction of the first offshore wind power plant in the United States began in 2015, off the coast of Rhode Island, using fixed platform structures that are appropriate for shallow seafloors, like those located off of the East Coast and mid-Atlantic. However, floating platforms, which have yet to be deployed commercially, will likely need to anchor to the deeper seafloor if deployed off of the West Coast. To analyze the employment and economic potential for floating offshore wind along the West Coast, the Bureau of Ocean Energy Management (BOEM) commissioned the National Renewable Energy Laboratory (NREL) to analyze two hypothetical, large-scale deployment scenarios for Oregon: 5,500 megawatts (MW) of offshore wind deployment in Oregon by 2050 (Scenario A), and 2,900 MW of offshore wind by 2050 (Scenario B). These levels of deployment could power approximately 1,600,000 homes (Scenario A) or 870,000 homes (Scenario B). Offshore wind would contribute to economic development in Oregon in the near future, and more substantially in the long term, especially if equipment and labor are sourced from within the state. According to the analysis, over the 2020-2050 period, Oregon floating offshore wind facilities could support 65,000-97,000 job-years and add $6.8 billion-$9.9 billion to the state GDP (Scenario A).