Latest Issue
Windtech International July August 2024 issue






The US Departments of Energy (DOE), Interior, Commerce, and Transportation have released a report summarising their progress towards the goals of the Floating Offshore Wind Shot, an interagency initiative.

The report shows that, since the initiative's launch in September 2022, the Biden-Harris administration has dedicated over $950 million to planning, leasing actions, research, development, demonstration, deployment, and more, in an effort to realise the full potential of this renewable power source.

About two-thirds of the country's offshore wind potential is in waters deep enough to make floating offshore wind turbines more practical and cost-effective than fixed-bottom turbines. The Floating Offshore Wind Shot: Progress and Priorities report documents more than 50 achievements since the Floating Offshore Wind Shot was established. These include:

  • The first floating offshore wind lease auction in California and the proposal of ten new lease areas, two in Oregon and eight in the Gulf of Maine.
  • A $426.7 million investment from the US Department of Transportation in the first offshore wind terminal on the Pacific Coast.
  • Expanded support for innovative, floating turbine designs from DOE's Advanced Research Projects Agency.
  • Advances in planning for the transmission of power from floating offshore wind projects to West Coast communities.
  • Monitoring the presence of birds, bats, and marine mammals in potential energy development areas.

The report also establishes a series of near-term priorities, developed in consultation with a range of stakeholders, that will accelerate progress towards the initiative's overarching goals. These goals include cost reduction through technology innovations, supply chain development, expanded deployment, transmission development, and co-generation opportunities for economywide decarbonisation. The interagency aims to reduce the cost of floating offshore wind energy by more than 70% by 2035.

Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.