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S H E A R M A N & S T E R L I N G L L P | 7 Environmental surveys, monitoring tools and resources are employed to understand the impact of offshore wind construction on wildlife and marine life. This information can be used to guide energy developers on how to implement sustainable ocean energy projects.4 Due to the nature of offshore wind projects, there is an increased risk of corrosion and damage to the offshore wind systems. As such, the systems must be designed to withstand the wear and corrosion that results from exposure to seawater.5 Finally, operating changes and equipment upgrades will likely be required to facilitate and integrate offshore wind on a widespread basis.6 Robert Freedman Partner New York T +1 212 848 4340 robert.freedman@shearman.com 1. U.S. Department of the Interior Bureau of Ocean Energy Management. "Renewable Energy on the Outer Continental Shelf." 2. Musial, W., Beiter, P., Stefek, J., Scott, G., Heimiller, D., Stehly, T., Tegen, S., Roberts, O., Greco, T., Keyser, D. (National Renewable Energy Laboratory and the Alliance for Sustainable Energy, LLC, Golden, CO), 2020. Offshore wind in the US Gulf of Mexico: regional economic modeling and site-specific analyses. New Orleans (LA): Bureau of Ocean Energy Management. 94 p. Contract No.:M17PG00012. Report No.: OCS Study BOEM 2020-018. 3. U.S. Department of the Interior Bureau of Ocean Energy Management, June 8, 2021. "BOEM Gulf of Mexico Regional Task Force Meeting on Renewable Energy." 4. U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, Wind Energy Technologies Office. "Offshore Wind Market Acceleration Projects — Environmental Surveys, Monitoring Tools, and Resources." 5. U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, Wind Energy Technologies Office. "Offshore Wind Research and Development." 6. U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, Wind Energy Technologies Office. "Offshore Wind Market Acceleration Projects — Transmission Planning and Interconnection Studies." Omar Samji Partner Houston/New York T +1 713 354 4887 omar.samji@shearman.com Erin Kaufman Associate Houston T +1 713 354 4858 erin.kaufman@shearman.com Gabriel Salinas Counsel Houston T +1 713 354 4846 gabriel.salinas@shearman.com