Taken
together, the approvals are aimed at attracting outside funding and
authorisation to build Pier Wind, which would be the largest facility of its
kind in the US.
The Long Beach Harbor Commission agreed to commit up
to $14 million in matching funds for a state grant that the port will apply for
in December, aimed at covering the cost of design, environmental review and
community outreach for Pier Wind. Additionally, the Harbor Commission
authorised $6.5 million from the port’s capital budget to continue with
environmental documentation and project delivery activities while the port’s
grant application is under consideration.
A newly
released preliminary economic impact analysis found that Pier Wind could generate
$8 billion in cumulative labour income, $14.5 billion in economic output and
$1.3 billion in state and local taxes from now through 2045.
The Harbor Commission’s approvals come the week after
California voters authorised Proposition 4, also known as the Climate Bond,
which sets aside $475 million for port infrastructure projects connected to
offshore wind development.Earlier this year, the California Public Utilities
Commission adopted a goal to procure up to 7.6 gigawatts (GW) of offshore wind
power by 2035. In September, Governor Gavin Newsom signed a bill
that would streamline the design and development of Pier Wind by allowing the Port of Long Beach to use alternative
construction delivery methods.
As the design process progresses, the proposed layout
for Pier Wind was recently updated based on industry feedback.The fully assembled turbines would be towed
by sea from the Port of Long Beach to wind lease areas 20 to 30 miles off the
coast in Central and Northern California.
The proposed project is undergoing extensive
environmental review by local, state and federal regulatory agencies as the
Port of Long Beach gathers input from the community.
“Pier Wind
will contribute to creating a reliable electric grid that will enhance air
quality and energy resilience, reduce California’s reliance on fossil fuels and
help power the port’s ongoing transition to zero-emissions equipment and vehicles,”
said Port of Long Beach CEO, Mario Cordero.“We look forward to making Pier Wind a reality and supporting
California’s renewable energy portfolio.”
“The port is pursuing the development of Pier Wind to
help California reach its renewable energy goals,” said Long Beach Harbor
Commission President Bonnie Lowenthal.
“Pier Wind will also be instrumental to the state’s
economic growth by locally supporting 4,200 jobs during construction and
another 1,800 green sector jobs during operations while potentially unlocking
thousands of other jobs within the supply chain regionally and statewide.”