Port of Coos Bay, Oregon Identified by Key Study as Well Positioned & Ready for Investment to Serve as Hub for Developing GWs of Floating Offshore Wind, March 3

TotalEnergies release – PORTLAND, Oregon, March 2, 2022 — TotalEnergies SBE US, a joint venture between TotalEnergies, a global multi-energy company, and Simply Blue Group, a pioneer in floating offshore wind, announced the release of a new study that reports the Port of Coos Bay, Oregon meets all the key criteria for investments to enable deployment of gigawatts (GW) of floating offshore wind power in Oregon and elsewhere on the U.S. West Coast. “This study shows that the Port of Coos Bay is the only deepwater port in Oregon, and one of a limited number on the West Coast, with enough available space for facilities to deploy large-scale floating offshore wind turbines and deliver gigawatts of clean electricity for Oregon and other West Coast markets,” said Alana Duerr, Director of US Projects, TotalEnergies SBE US, who headed preparation of the report. The “Coos Bay Offshore Wind Port Infrastructure Study,” commissioned by TotalEnergies SBE US with support from Business Oregon and conducted by the engineering firm Mott MacDonald, examines the Port of Coos Bay’s potential for floating wind deployment, given its proximity to the best offshore wind sites in Oregon and Northern California. Last year, Oregon enacted legislation to plan for up to 3 GW of offshore wind power by 2030. The study’s detailed analysis of the Southern Oregon port makes the following primary findings: • The Port of Coos Bay is the only port in Oregon, and one of the few on the West Coast, with both the depth and potential space for all the capabilities needed to be a major hub for supporting offshore wind. Various other Oregon ports may be used for operations and maintenance of offshore wind. • With targeted investments, a major offshore wind hub at the Port of Coos Bay may include turbine manufacturing, foundation fabrication, staging for assembly, mounting turbines, deployment, and operations and maintenance. The planned channel widening will also allow for substructures to be towed in and out of the port. • The investments to build an offshore wind integration facility at Coos Bay – capable of assembling large 10 to 20-megawatt floating wind turbines – are estimated at $475 million, which would include a new wharf, upland preparation, Storage facilities, and local dredging. “Experts confirm that Oregon and the Port of Coos Bay are strategically positioned to tap into some of the world’s best offshore wind resources off its South Coast,” said Shaun Gibbs, Executive Director of Oregon’s South Coast Development Council. “This study will help private industry understand the investments needed to develop this important renewable resource, and create long-term jobs and an economic asset on the Southern Oregon coast to realize the state’s clean energy goals.” “Floating offshore wind is a remarkable new clean energy technology and a potential engine for jobs and economic growth in Oregon,” said Chris Cummings, Assistant Director of Economic Development for Business Oregon. “The Port of Coos Bay and its harbor offer a distinct advantage on the Oregon and Northern California Coast to support the various requirements for the development of a robust floating offshore wind energy sector,” said John Burns, Chief Executive Officer at the Oregon International Port of Coos Bay. “We are very excited to play a part in the quest to create new opportunities to build our economy while developing a new source of clean, sustainable energy.” End of release. Related: The Bureau of Ocean Energy Management (BOEM) is currently in the planning stage of developing three sites for wind energy off the South Oregon Coast, Coos Bay, Bandon and Brookings. Their collective output would reportedly come to 17 gigawatts. Oregon State University also received a $2 million federal grant last Fall for Offshore Wind Research. A wind turbine project is in the planning stages off the Central Coast at Newport.