Offshore Wind Jobs and Economic Development Act [S. 747 First Edition]

The proposed legislation requires the North Carolina Utilities Commission to issue a request for proposal (RFP) for development of up to 2,500 MW of offshore wind energy over 7-10 years. If the state determines there is a positive net economic impact, investor-owned utilities would be required to enter 20 year contracts. The bill sets a non-binding state goal of
5,000 MW by 2030.