US to boost floating offshore wind energy investments

The US Department of Energy (DOE) announced on Wednesday new investments to secure US leadership in floating offshore wind development by advancing offshore wind transmission planning, research and technology and partnerships.

According to a DOE statement, with two-thirds of America’s offshore wind resources located in deep-water areas that require floating platforms, capturing this vast potential could bring the benefits of clean power to millions of American homes and businesses.

The administration aims to reduce the cost of floating offshore wind energy by more than 70% by 2035 and deploy 15 gigawatts of floating offshore wind energy by 2035.

The US Department of Energy (DOE) announced on Wednesday new investments to secure US leadership in floating offshore wind development by advancing offshore wind transmission planning, research and technology and partnerships.

According to a DOE statement, with two-thirds of America’s offshore wind resources located in deep-water areas that require floating platforms, capturing this vast potential could bring the benefits of clean power to millions of American homes and businesses.

The administration aims to reduce the cost of floating offshore wind energy by more than 70% by 2035 and deploy 15 gigawatts of floating offshore wind energy by 2035.

These coordinated actions will help the US maintain its global leadership in floating offshore wind technology, create thousands of well-paying jobs, reduce energy costs for families and strengthen US energy security.

• US Department of Energy