U.S. Offshore Wind Energy Industry Making Steady Progress
The U.S. Department of Energy (DOE) recently announced a new report showing steady progress for the U.S. offshore wind energy industry over the past year. The report highlights 14 projects in advanced stages of development, together representing nearly 4,900 megawatts (MW) of potential offshore wind energy capacity for the U.S. Further, this year’s report highlights global trends toward building offshore turbines in deeper waters using larger, more efficient turbines that increase the amount of electricity delivered to consumers.
This year’s “Offshore Wind Market and Economic Analysis,” produced by Navigant Consulting for the DOE, found that there is significant potential to increase U.S. electricity capacity and create jobs through the further development of the U.S. offshore wind industry. In addition, it also outlines policy developments that are influencing the offshore wind market.