15 Sep '18, 3pm

U.S. Offshore Wind Technology Market Accelerates in 2017

“In 2017, the trend toward a viable U.S. offshore wind industry continued to gain momentum,” said Walt Musial, principal engineer in charge of offshore wind research at the U.S. Department of Energy’s National Renewable Energy Laboratory and a contributing author of the study. “While many factors impact the U.S. offshore wind market surge, state commitments to adopt offshore wind deployment targets and their favorable procurement policies have accelerated our nation’s offshore wind market activity, primarily along the Atlantic Coast.” Progress continues in other countries as well. Globally, 3,387 MW of offshore wind capacity was commissioned in 2017, bringing the cumulative global installed capacity to more than 16.3 GW in December 2017. In northern Europe, offshore wind project auctions in 2017–2018 continued the trend of developers committing to lower electricity prices ...

Full article: https://www.renewableenergymagazine.com/wind/u-s-offshore...

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