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Biden’s wind power goals, by the digits

  • 380,000: Homes the Ocean Wind 1 project can power with its energy, according to the interior department
  • 3,000: “Good-paying” jobs the New Jersey project will generate “through development and a three-year construction cycle,” the federal agency said
  • 98: The number of wind turbine generators the Ocean Wind 1 project has permission to construct, according to the Record of Decision (ROD) documents. Additionally, it can build three offshore substations within its lease area
  • $695 million: How much Ørsted expects to spend on the Ocean Wind 1 project in New Jersey. It has some federal help—the New Jersey legislature narrowly approved a bill last week to let Ørsted keep federal tax credits to insulate it from rising costs due to inflation and the covid-19 pandemic hangover
  • 30 gigawatts (GW): President Biden’s offshore wind power generation goal by 2030, which will power 10 million homes, and create 77,000 jobs