Maryland alone aims to develop approximately 1,600 MW of offshore wind capacity by 2030. The American Clean Power Association estimates this could create as many as 83,000 new jobs and generate nearly $25.4 billion of annual economic output to the U.S. The Special Initiative for Offshore Wind at University of Delaware estimates that developing 30,000 MW of offshore wind capacity by 2030 presents a $109 billion revenue opportunity for businesses in the offshore wind supply chain in the United States by 2030. Maryland, along with several other coastal states, have collectively committed to procuring nearly 40,000 MW of offshore wind capacity by 2040.
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