$70 Billion Opportunity in New US Offshore Wind Market
- Jun 19, 2019 12:53 am GMT
This item is part of the Special Issue - 2019-06 - US Wind Power, click here for more
This white paper by the Special Initiative on Offshore Wind (SIOW) at Delaware University and the Renewables Consulting Group (RCG) investigates how the sector should develop and details the opportunities available.
The outlook is for over 17,000 offshore wind turbines, generating 18,642 MW of electricity, across seven states, or the equivalent of around 18 conventional power plants.
The report highlights areas for US industry development, but European and Asia-Pacific companies can take heart from the large-scale opportunities forecast, and the implication that components will need to be supplied from elsewhere if the domestic US industry cannot provide them.
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