Why offshore wind jobs may just be a lot of hot airBy Jonathan Lesser
August 5, 2023
Offshore wind developers in the U.S. have promised to create thousands of “million-dollar” jobs.
But those dollars won’t flow into New York workers’ paychecks.
Rather, they’re just the sum total of the subsidies local taxpayers and utility ratepayers will expend to keep offshore wind afloat—as if New Yorkers’ electric bills aren’t high enough.
Consider Ørsted, the Danish government-owned company that is developing the 12-turbine, 132-megawatt Southfork Wind and the 84-turbine, 924-megawatt Sunrise Wind projects, which will be built 30 miles east of Montauk Point, Long Island.
Ørsted is also behind the 98-turbine, 1,100 megawatt Ocean Wind project along the southern New Jersey shore, which just rewarded it with several billion dollars in tax credits that were supposed to have been returned to New Jersey ratepayers
According to Ørsted’s Southfork Construction and Operations Plan (COP), Southfork will require 166 construction workers each year during the two-year construction period and another 10 jobs each year for operation and maintenance over the project’s 25-year expected lifespan.
That’s a total of 582 “job-years” (economic jargon for one full-time equivalent job for one year).
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Source:
https://nypost.com/2023/08/05/offshore-wind-jobs-may-just-be-a-lot-of-hot-air/
