South Fork Wind, Sunrise Wind projects injecting $460 million into Long Island economy
Victor Ocasio, newsday.com
The construction and ongoing operations at two of Long Island's major offshore wind projects — the South Fork Wind and Sunrise Wind — have injected more than $460 million into the local economy, according to projections from the Long Island Association, a business group.
The projections, released in a report Tuesday, analyzed the projects' economic impact on the region between 2022 and 2027, and factor in money paid to local contractors, subcontractors and regional spending by workers.
National projections estimate that construction of offshore wind projects would support 43,000 to 80,000 jobs a year in the next decade, according to a 2024 analysis from Louisiana State University.