The U.S. Department of Energy (DOE) has announced the release of its Offshore Wind Energy Strategy, a first of its kind, comprehensive summary of the Department’s efforts to meet President Biden’s goal to deploy 30GW of offshore wind energy by 2030 and set the nation on a pathway to 110 GW or more by 2050.
The strategy released categorizes DOE’s offshore wind efforts into four pillars:
- NOW: Lower costs from $73 per megawatt-hour (MWh) to $51 per MWh by 2030, develop a domestic supply chain, and inform sustainable, just deployment of fixed-bottom offshore wind.
- FORWARD: Achieve the Floating Offshore Wind Shot goal of reducing cost by over 70% to $45/MWh by 2035, establish U.S. leadership in floating offshore wind design and manufacturing, and inform sustainable, just deployment of floating offshore wind.
- CONNECT: Enable reliable and resilient transmission solutions for large-scale offshore wind deployment.
- TRANSFORM: Expand offshore wind co-generation technologies for widespread electrification and decarbonization.
The DOE Offshore Wind Strategy helps connect work happening at DOE’s Wind Energy Technologies Office (WETO) and across 15 other DOE offices with specific roles in achieving the Biden-Harris Administration’s offshore wind goals.