As Trump looms, Californians vote for floating wind

Overwhelming support for package of climate initiatives include $475m for offshore wind port development in Democrat-leaning state

US President-elect Donald Trump
US President-elect Donald TrumpPhoto: Gage Skidmore/CC BY-SA 2.0

California voters overwhelmingly approved $475m for offshore wind-related port development included in a massive $10bn climate bond in the 5 November vote, signaling sustained support for sector development amid the return of arch-opponent Donald Trump to the White House.

Ballot initiative Proposition 4 passed with over 59% of the votes cast. The bond also directs $325m towards renewables transmission expansion and $50m to battery energy storage systems.

Californians' support for offshore wind reflects the state's Democratic leanings, and voters largely chose Trump's opponent Vice President Kamala Harris for the presidency.

The Golden State is spearheading floating wind development in the US with a 25GW by 2045 target, the nation's largest sector goal and part of its move to a 100% clean grid.

The Biden administration sold five leases off its central and northern coastlines in 2022 for $751m amid healthy interest by developers.

Floating wind development will face myriad challenges though, including extreme water depths of 1,000 metres as well as lack of supply chain, ports, and transmission infrastructure.

“There's a window right now for the state to do its planning and investments in floating offshore wind,” said Adam Stern, executive director of industry trade group Offshore Wind California (OWC).

“There's a need for the state ports to get ready for offshore wind, and now with this new voter approved investment, they'll have the chance to start that work.”

California lacks large-scale industrial ports capable of handling massive floating wind components, with only the Port of Humboldt Bay off the northern coastline and the Port of Long Beach in the south tapped for sector development.
Earlier this year Humboldt Bay was granted some $427m by the Department of Transportation to help fund its transformation into a floating wind assembly and staging hub.

Federal actions

To further advance the sector, federal regulator Bureau of Ocean Energy Management (BOEM) recently released its draft programmatic environmental impact statement (PEIS) covering the five leases.

The PEIS identifies “mitigation measures to lessen the impacts of commercial-scale offshore wind energy development,” BOEM said, potentially streamlining approval of future projects.

It was published last week in the Federal Register, the nation's journal of record, opening a 90-day comment period that closes 12 February, after Trump's inauguration, when all bets are off regarding sector development.

Trump has vowed to halt sector development “on day one” of his next term beginning 20 January 2025, and his administration is expected to slow down project permitting and new lease sales.

Trump's sector hostility is not expected to be a major factor for development off the Golden State, though.

Project development has barely begun in California, with preliminary survey work ongoing for some projects, but none have submitted a site assessment plan (SAP), the first step towards permitting in the US regime.

While California claims to be seeking between 2-5GW of capacity by 2030, analysts don’t expect to see commercial scale floating wind development before the early 2030s at the earliest.

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Published 19 November 2024, 15:44Updated 20 November 2024, 09:32
AmericasUSCaliforniaDonald TrumpBOEM