Participation in the FAST-41 program is voluntary, and sponsors of projects that qualify under specific statutory criteria apply to obtain program benefits. The program helps ensure a deliberate, transparent, and predictable Federal environmental review and permitting process for certain large, complex infrastructure projects. It does not alter any applicable statutory or regulatory requirement, environmental law, regulation, or review process, or public involvement procedure. It does not predetermine the outcome of any Federal decision-making process with respect to any infrastructure project receiving program benefits.
The current project portfolio consists primarily of renewable energy, coastal restoration, and electricity transmission projects. A majority of the projects are offshore wind farms, which represent over half of the Biden Administration’s goal to deploy 30 GW of offshore wind by 2030. The current project portfolio represents nearly $100 billion in economic investment and more than 50,000 jobs.