economic viability of Gulf of Mexico wind power

A new report,  “Winds of Change: Navigating the Gulf of Mexico’s New Energy Frontier, says the Lousiana Gulf offshore wind project has the potential to generate approximately 1.24 gigawatts of offshore wind energy capacity. It will create $860,000 in investments for workforce training and domestic supply chain and $430,000 for fisheries compensatory mitigation. The report notes “The changing landscape for revenue sharing as it pertains to wind in the Gulf of Mexico remains a concern for state and local governments.”

Biz New Orleans | Report Touts Louisiana’s Offshore Wind Revenue Potential