SEWC Statement on North Carolina’s HB951
House Bill 951 sets important carbon reduction targets for the state of North Carolina that are necessary to create a cleaner generation mix. In order to meet these targets, the state must utilize all resources available to it, including wind energy.
Offshore wind is the best large-scale renewable technology capable of ensuring we achieve carbon neutrality by 2050 as outlined in HB 951. Offshore wind provides a high-capacity factor, steady, and predictable carbon-free resource that is complementary to other renewables, consistently generating during peak demand periods in summer evenings and winter mornings.
Offshore wind also offers tremendous economic development potential that would benefit the North Carolina economy through tens of millions of dollars in capital investment and thousands of family-sustaining jobs. The manufacturing supply chain is only just beginning to take shape in the US, and North Carolina has the opportunity to capture a large share of this industry.
While there is much to be done to prepare the state to take full advantage of this once-in-a-generation opportunity, the carbon goals in HB 951 represent a critical step in that process.
The Southeastern Wind Coalition stands ready to assist members of the General Assembly, the Governor’s office, and the North Carolina Utilities Commission in continuing to prepare the state to create a welcoming atmosphere for the industry, and to maximize the benefits of offshore wind to North Carolinians.
The Southeastern Wind Coalition is a 501(c)3 that works to advance the land-based and offshore wind industry in the Southeast. We focus on supply chain growth, economic development, job growth, and wind energy development in the region with solutions that are beneficial to industry, utilities, and result in net economic benefits to citizens and ratepayers. For more information about the Southeastern Wind Coalition visit http://www.sewind.org.