Pre-Launch of U.S. Offshore Wind Insights Special Report Series: Taxpayer Public Sentiment Intelligence – Federal Auctions and State Solicitation Risk Mitigation

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Local Content, a compliance technology and deployment company and a leading authority on local content and domestic content announces the Pre-Launch of its U.S. Offshore Wind Insights Series: Taxpayer Public Sentiment Intelligence in the key regions of the Central Atlantic, Gulf of Maine, Gulf of Mexico, Oregon, California, New England, The Carolinas, New York/New Jersey Bight and Puerto Rico in partnership to Pivot.

Local Content is now accepting public or private sector report co-commissioning partners by region. These state-specific reports analyze millions of stakeholder data points through generative AI that include:

  • Social Media (capturing public sentiment and opinions)
  • Press Activity (analyzing messages encountered by the public)
  • Digital/Online Activity Data (understanding public behavior and trends)
  • Real-world market deployment experience

“While we singularly focus on deploying these technologies and strategies for our clients year-round, we are at a critical moment for the U.S. offshore wind industry. We know firsthand how powerful taxpayer sentiment trends directly accelerate and delay offshore wind development efforts. These reports will allow commissioning partners and the industry to flag critical knowledge gaps before small challenges become larger and reinforce current operational successes. All of this data provides clean energy investors the technical science behind taxpayer behaviors and local content impact. “ says Brian Moore, National Director of LocalContent.com

Co-commissioning partners will receive first-to-market ratepayer insights to advance their new or current offshore wind development efforts. These insights help inform regulators, ratepayers, and industry prospectives that commissioning partners are committed to effective taxpayer-focused local content compliance. With BOEM (Bureau of Ocean Energy Management) releasing their projected 5-year Renewable Energy Leasing Schedule Timeline (see diagram below), those in or entering the U.S. offshore market need the most locally-focused data to navigate market conditions and taxpayer needs per region.

Direct Co-Commission Partner Benefits Include:

  • Investor Confidence: Possessing taxpayer public sentiment data increases investor confidence, making it easier to secure financing and reduce financial risk.
  • Regulatory Compliance: Understanding local sentiment helps ensure regulatory compliance and access to government incentives, mitigating financial and legal risks.
  • Reputation Management: Favorable public opinion enhances the reputation of the industry and organizations, reducing the risk of opposition and associated financial liabilities.
  • Offshore Wind Opposition Analysis: All insights may not be favorable, but they are valuable. State-specific offshore wind opposition data directly allows the industry to align its operation and communications better to meet conflicting views
  • Project Efficiency: Early awareness of community concerns facilitates better planning and execution, avoiding costly delays and modifications.
  • Legal Liability Reduction: Proactive engagement with local communities reduces the likelihood of lawsuits and legal challenges, minimizing potential financial penalties.

The Local Content Offshore Wind Taxpayer Intelligence Report will cover data from June 1, 2023, to June 30, 2024. The report findings will be released the week of October 27 during the American Clean Power Offshore WIND conference in Atlantic City.

Regions Covered:

  • Central Atlantic – Delaware, Maryland, and Virginia
  • Gulf of Maine – Maine and New Hampshire
  • Gulf of Mexico – Louisiana and Texas
  • Oregon – Oregon
  • California – North and Central California
  • New England – Connecticut, Massachusetts, and Rhode Island
  • New York/New Jersey Bight – New York and New Jersey
  • The Carolinas – North Carolina and South Carolina
  • Puerto Rico

In addition to defining ratepayer costs, offshore wind development solicitations require addressing stakeholder engagement, supply chain opportunities for small businesses, job creation, environmental justice and disadvantaged communities investments, environmental mitigation plans, fisheries mitigation plans, and community benefit investments.

For more information, visit www.localcontent.com/market-intelligence

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