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California legislators unveil measure to ask voters for $1 billion offshore wind bond

A wind farm off the coast of Rhode Island, shown in December, 2023. Areas off the coast of California and Oregon are under consideration for offshore wind farms.
Julia Nikhinson
/
AP Photo
A wind farm off the coast of Rhode Island, shown in December, 2023. Areas off the coast of California and Oregon are under consideration for offshore wind farms.

The funds would help California ports expand to handle giant wind turbines and other equipment. California鈥檚 first offshore wind farms are on a fast track off Humboldt County and Morro Bay.

In a step toward building the first massive wind farms off California鈥檚 coast, three Assemblymembers today proposed a to help pay for the expansion of ports.

The bill, if approved, would place a bond before voters aimed at helping ports build capacity to assemble, construct and transport wind turbines and other large equipment. Long Beach and Humboldt County have plans to build such expansion projects.

Port expansion is considered critical to the viability of which are a key component of the state鈥檚 ambitious goal to switch to 100% clean energy. The California Energy Commission that offshore wind farms will supply 25 gigawatts of electricity by 2045, powering 25 million homes and providing about 13% of the power supply.

The first step to building these giant floating platforms has already been taken: The federal government has leased about 20 miles off Humboldt Bay and the Central Coast鈥檚 Morro Bay to five energy companies. The proposed wind farms would hold hundreds of giant turbines, each as tall as a skyscraper, about 900 feet high. The technology for floating wind farms has never been used in such deep waters, far off the coast.

An extensive network of offshore and onshore development would be necessary. Costly upgrades to ports will be critical, along with undersea transmission lines, new electrical distribution networks and more.

The Port of Long Beach, for instance, is planning a $4.7 billion, 400-acre offshore wind turbine assembly terminal. It is the only port in California close to being able to handle this, .

In Humboldt County, some federal grants have been awarded to develop the port for wind farms. The federal Department of Transportation last month to build a new marine terminal where turbines can be assembled and transported.

The proposed bond measure was announced today by , a Democrat from Los Angeles, as well as other members of the Assembly. , a Democrat from Ukiah, and , a Democrat from Long Beach, are coauthors.

climate bond bills also aim to pay for climate-related projects, such as shoring up vulnerable communities and wildfire prevention efforts. Each house has passed its own version of a bond. Negotiations over whether they will appear on the November ballot remain open.

The debate over adding debt comes as California faces a projected $38 billion deficit, according to Gov. Gavin Newsom鈥檚 estimate last month.

Zbur, the lead author of AB 2208, the offshore wind bond bill, said at a press conference today that he is in talks with legislators who authored the climate bonds about earmarking funds for offshore wind in lieu of moving ahead with his proposed bond measure.

鈥淲e are engaged with discussions with them on that, and that would be another alternative to moving forward,鈥 Zbur said. 鈥淥ur goal today is really to make sure that this $1 billion is included in the range of bonds.鈥

CalMatters has reported that offshore wind has raised many issues for California since it is experimental technology on a fast track off Humboldt County and Morro Bay. Humboldt officials hope the projects would boost their struggling economy, while some Central Coast residents are fighting the wind farms because they say it would industrialize their coastline.

Alejandro Lazo writes about the impacts of climate change and air pollution for CalMatters, a nonprofit, nonpartisan media venture explaining California policies and politics, and a JPR news partner.