Insight News

December was a month of major “firsts” in the U.S. offshore wind space. The first federal auction for offshore wind was held for the West Coast, and the first federal leases for commercial floating wind projects were provisionally awarded. These events are key milestones in the journey to achieve the federal vision of 15 GW of floating wind in the USA by 2035. Several major challenges in developing the supply chain will need to be addressed if these ambitions are to be met.The drive to grow the U.S. offshore wind segment into a leading offshore wind market continues.