Referred to the Committee on Natural Resources, and in addition to the Committees on Energy and Commerce, and Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The Offshore Energy Modernization Act of 2025 aims to accelerate offshore renewable energy development by setting national production targets of 30 gigawatts by 2030 and 50 gigawatts by 2035 for offshore wind, solar, wave, and tidal projects. The bill streamlines federal permitting timelines while requiring project labor agreements, domestic content standards for manufactured components, and meaningful consultation with Indian Tribes to protect their lands and cultural resources. To support this expansion, the legislation appropriates $95 million in fiscal 2026 to the Interior and Commerce Departments for staffing and environmental reviews, creates a new Offshore Power Administration with up to $10 billion in borrowing authority to build transmission infrastructure, and establishes a $100 million shipyard grant program to construct vessels for offshore wind operations. The bill also requires annual reporting beginning in 2027 and directs $10 million for transmission studies and $5 million for grid standards development. Throughout, the legislation emphasizes preserving fishing, boating, and Tribal cultural access to offshore areas outside of active construction periods.
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