Offshore Wind Market Report: 2021 Edition Released
The Offshore Wind Market Report: 2021 Edition is intended to provide offshore wind policymakers, regulators, developers, researchers, and others with up-to-date information about the market, technology, and cost trends. The report details information on the domestic offshore wind industry to provide a U.S. context and help navigate technical and market barriers and opportunities. Some key findings are that the development pipeline grew 24% over the previous year, with 35,324 megawatts now in various stages of development. Also, there are 15 projects that have reached the permitting phase and eight states have set offshore wind energy goals.