Connect with us

Plato Vertical Search


A supply chain is born: Can the U.S. reach 30 GW of offshore wind by 2030?

By John Engel

Dominion Energy, Ørsted and Eversource Reach Deal on Contract to Charter Offshore Wind Turbine Installation Vessel (Courtesy: Dominion Energy)

Moments after Siemens Gamesa announced that it would build a $200 million offshore wind blade finishing facility at the Port of Virginia, the first of its kind in the U.S., Energy Secretary Jennifer Granholm playfully nudged the company to do even more to support a burgeoning domestic supply chain.

“We’re talking about blades installed here, we want the manufacturing here, too. No pressure or anything,” Granholm said. “This would be a great place for that!”

Granholm acknowledged that the U.S. offshore wind market is lagging its counterpart in Europe, where 25 GW of offshore wind capacity has been installed, compared to just 42 MW in the U.S. Much of the disparity can be attributed to the immaturity of the U.S. offshore wind supply chain.

The Biden administration has a goal of deploying 30 GW of offshore wind by 2030, a target IHSMarkit analysts say will be difficult to reach because of “a lack of manufacturing facilities, specialized U.S.-flagged installation and service vessels, dedicated ports plus poor power transmission infrastructure.” Read more

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.


Advertisement. Scroll to continue reading.

Related Streams


Most internet traffic comprises bots. According to a report by the security firm Imperva, persistent bots accounted for 57% of the internet traffic. The...

Blockchain News

Ethereum DeFi users reached a historic high of 4 million based on continued adoption. (Read More) PlatoAi. Web3 Reimagined. Data Intelligence Amplified. Click here...

Blockchain News

By the close of the year, Bitcoin (BTC) is set to make the highest transfer volume of $45 trillion, a scenario not seen in...

Blockchain News

Invesco has finally launched a physical Bitcoin exchange-traded product in Europe, just after a few weeks of withdrawing a filing for a Bitcoin future...