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

SOVs – Analyzing Current, Future Demand Drivers

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

Sapura Energy to Provide Subsea Services for Shell Off Malaysia

QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships

Japan Chooses Consortium for Offshore Wind Farm in Akita

Fugro Gets Marine Survey Job at Indonesia’s LNG and CCS Scheme

Turkish Oil Terminal Halts Russian Oil Business

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

China Puts First ‘Home-Made’ Subsea Xmas Tree Into Operation

Jadestone Outlines Gas Sale Terms with PV Gas for Fields Offshore Vietnam

Current News

SOVs – Analyzing Current, Future Demand Drivers

Decarbonization Offshore O&G: Navigating the Path Forward

Subsea Vessel Market is Full Steam Ahead

China's Imports of Russian Oil Near Record High

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

Energy Storage on O&G Platforms - A Safety Boost, too?

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

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