Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Wind Farms Wind Farm/Image accompanying E2 report, “Offshore Wind: Generating Economic Benefits on the East Coast”

NEW YORK CITY—For an alternative to power from coal and deep water fracking, E2 (short for Environmental Entrepreneurs) published a report urging development of offshore wind energy. It commissioned BW Research, a consulting group which focuses on economics and the environment, to complete an analysis of five Atlantic Coast states.

The report titled “Offshore Wind: Generating Economic Benefits on the East Coast” found if NY, NJ, VA, NC and SC each added an average-sized offshore wind energy farm with 44 turbines and the capacity to produce 352 megawatts of electrical power, this would create 25,000 construction and operational jobs on the East Coast. (One megawatt is a million watts of energy.)

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

More from this author


GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.