This report was authored by Maria Scheller, Thomas Rostad, Akanksha Goyal, and Ameya Ghodke of ICF and published in January 2022. The potential impact of large scale (28 GW) power generation by wind turbines offshore from the US Northeast and Mid-Atlantic states is analyzed.  Offshore winds are more consistent than on land. Based on the model developed, local power prices should decrease as these wind-power sources increase.  In some regions, transmission costs may increase to carry this power from the locations of the wind turbines. If the transmission grid cannot handle this power, the turbines may need to be curtailed. An alternative is to locate hydrogen production plants nearby to utilize this wind power.

Keywords: Clean Tech, Renewable Energy, Smart Grid, Utilities