Technical Studies

Socioeconomic Analysis of Offshore Wind in the Gulf of Maine

The objectives of this study were to identify potential benefits and costs of OSW development in the Gulf of Maine. This report estimates dollar values of quantifiable outcomes from economic development, avoided carbon emissions, and health outcomes from cleaner air. It discusses benefits and risks that are more difficult to monetize at this time, including effects on the commercial fishing industry, port development, leadership in research and development, effects on tourism and recreation, other effects on coastal communities, and ecological effects.