Vineyard Wind Revenue and Competitors

Vineyard Wind is well underway in developing the nation's first large-scale offshore wind energy project over 14 miles off the coast of Massachusetts. The project will generate clean, renewable, cost-competitive energy for over 400,000 homes and businesses across the Commonwealth, while reducing carbon emissions by over 1.6 million tons per year. New England is shifting to clean, competitively-priced energy, and Massachusetts state law seeks to have 3,200 MW of offshore wind providing electricity to the Commonwealth by 2035, which could represent over 20% of electricity consumed in the state. Vineyard Wind is an important part of that goal, and will make a significant contribution to the Commonwealth's aim of reducing greenhouse gas emissions, while growing our economy and enhancing energy security and reliability.