HomeArticlesU.S. Offshore Enjoys Growth Spurt

U.S. Offshore Enjoys Growth Spurt

9/1/2021

According to the Department of Energy (DoE), the orderbook for US offshore wind capacity has increased 24% in the last 12 months to a potential generating capacity of 35GW. The data was part of three reports released by the DoE on wind energy in the US – Offshore Wind Market Report (2021), Land-Based Wind Market Report (2021), and Distributed Wind Market Report (2021). Driven by falling offshore wind prices, federal action, and state-level commitments, the orderbook for US offshore wind grew 24% over the previous year, with 35.324GW now in various stages of development. With the installation of the Coastal Virginia Offshore Wind pilot project, this now includes two small-scale projects tot

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