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

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Brent Near $114 as Middle East Conflict Continues

Vessel Sector Deep Dive: WTIVs

Oil Flows to Lag Even if Hormuz Strait Reopens

Philippines Seeks US Extension to Buy Russian Oil

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

Oil Rises as Iran Denies US Talks, Supply Risks Persist

Current News

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

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