US Offshore Wind Pipeline Reach 25.8GW

Laxman Pai
Tuesday, August 27, 2019

The U.S. offshore wind project development pipeline grew to a potential generating capacity of 25,824 MW across 13 states, including the Block Island Wind Farm commissioned in 2016.

Projects totaling 21,225 MW have exclusive site control, meaning the developer has a lease or other contract to develop the site. Most of these projects are on the Eastern seaboard, with one in the Great Lakes, said Offshore Wind Technologies Market Report, prepared by DOE’s National Renewable Energy Laboratory.

California and Hawaii have several early-stage floating offshore wind projects in the planning phase, it said.

The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) auctions for three lease areas off the coast of Massachusetts brought in winning bids of $135 million—more than three times the value of previous BOEM auctions—indicating strong interest and confidence in the U.S. offshore wind market.

Offtake prices for the first commercial-scale U.S. offshore wind project—Vineyard Wind off the coast of Massachusetts—came in lower than expected at $65–$75 per megawatt-hour.

Technology trends toward larger turbines continued, with offshore turbines installed globally in 2018 averaging 5.5 MW, and turbines with capacities of 10­–12 MW coming to market in the next couple years. 

Categories: Offshore Government Update Wind Power Offshore Energy Renewable Energy Offshore Wind

Related Stories

ADNOC Secures LNG Supply Deal with India's BPCL

Petronas Preps for Sabah-Sarawak Gas Pipeline Decom Op

VIDEO: AIRCAT Crewliner takes Shape to Service Offshore for TotalEnergies Angola

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Global Offshore Wind Stumbles to the End of '24

Fugro Names Annabelle Vos Director for Middle East & India

Current News

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Japan's Japex Shifts Back to Oil and Gas Investments

Tokyo Gas Enters LNG Market in Philippines

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com