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

Related Stories

Seatrium Secures ABS Backing for Deepwater FPSO Design

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Woodside Finds South Korean Partners to Advance LNG Value Chain

Current News

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

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