Facts, Data & Information About Vineyard Wind
Offshore Wind is not only clean, but it’s cost effective. In Europe, the cost of offshore wind has come down so much, it is priced competitively with fossil fuels such as coal and even natural gas. In the last 10 years, the cost of offshore wind energy has been cut by half in Europe, where more than 91% of offshore wind facilities are located.
Global & Local
Vineyard Wind is has a mix of global and local experience. Its executives, through CIP, have experience developing projects in Europe, while locally, it features staff that have worked on clean energy projects.
12,000 MW +
There are more than 12,000 MW of offshore wind projects in operation in the world today, with more than 11,000 MW of it in Europe. The United States is home to just 30 MW of offshore wind. The proposed projects off the coast of Massachusetts would be the first for Massachusetts and the largest such projects in the United States.
Thousands of Jobs
The development of 1,600 MW of offshore wind energy could help kickstart a new industry in the United States and in New England and literally create thousands of construction jobs that would extend for the many expected years of construction.
Copenhagen Infrastructure Partners has a long track record of developing successful offshore wind projects in Northern Europe. Its executives have been involved in the development and construction of some of the world’s largest offshore wind projects. They’re looking to bring that expertise to Massachusetts.
Offshore wind energy is not only clean and emissions free, it’s reliable. The 1,600 MW of proposed wind projects off the coast of the Cape are expected to be able to power more than 900,000 Massachusetts homes.