As part of the Administration’s infrastructure and climate change investment proposals, the Department of Energy, Commerce, and the Interior have launched a new National Offshore Wind Goal to coordinate new leasing, funding, and other incentives designed to enable deployment of 30 gigawatts of offshore wind capacity by 2030. The Administration estimates that meeting this target would involve more than $12 billion per year in capital investment in projects on both U.S. coasts, create more than 44,000 jobs in offshore wind by 2030, and create nearly 33,000 additional jobs in communities supported by offshore wind investments. To position the domestic offshore wind industry to meet the 2030 target, the Bureau of Ocean Energy Management (BOEM) plans to advance new lease sales and complete review of at least 16 Construction and Operation Plans (COPs) by 2025, representing more than 19GW of new clean energy capacity. The DOE will also play a key role in coordinating wind research activities, including offshore support structure innovation, supply chain development, electric systems innovation, and mitigation of use conflicts that will help reduce barriers and costs for offshore wind deployment. As the global wind industry expands, it is recognized the importance, value, and potential impact of new technologies across the energy sector.
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