Who will fund the US offshore wind market …and how?
- May 31, 2018 3:32 pm GMT
This item is part of the Special Issue - 2018-06 - Offshore Wind, click here for more
After a long and haphazard run-up, the US offshore wind industry finally seems poised to take off. US Secretary of the Interior Ryan Zinke’s endorsement of the sector in April 20181 was perhaps most promising sign so far of a significant project pipeline to come. And as project developers finally get down to business, one of the big questions is: who will fund their efforts? While most experts agree that there should be no shortage of takers, it is still unclear exactly who will be stepping forward and what kinds of deals will be done.
Against this backdrop, and as a prelude to the June 2018 US Offshore Wind conference and exhibition in Boston, this white paper surveys some of the main features and issues within the US offshore wind financing landscape.
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There I was, wondering whether anyone was interested in my world of offshore wind and hydrogen! My thanks to the Energycentral team and community.
Summary: I’ve seen evidence that the projects covered in similar earlier posts are making progress. I’ve also found an excellent DOE Source on Offshore Wind, linked below, and this will provide much of the content in this post.
The Report includes the following key findings: • Overall upstream oil and gas GHG emissions fell by 11% between 2018 and 2020 • Two-thirds of offshore installations decreased their emissions between 2019 and 2020, by 36% on average •..
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