The U.S. Energy Department said Wednesday it has a new strategy to help meet the nation’s goals to vastly expand offshore wind energy
by 2035, enough to power 5 million homes. The first commercial scale offshore wind project in the United States is currently under construction off the coast of Massachusetts.
With its Offshore Wind Energy Strategy, DOE lays out a plan for supporting offshore wind development to meet the 2030 targets. It was released during an offshore wind energy conference in Baltimore held by the Business Network for Offshore Wind. The administration is attempting to lower the cost of fixed offshore wind by 30%, down to $51 per megawatt hour by 2030 and support a domestic supply chain for the industry. It also wants to establish the United States as a leader in floating offshore wind and lower its cost by nearly 70% to $45 per megawatt hour by 2035. Another goal is to figure out how to bring large amounts of wind energy onto the U.S.
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