US offshore wind pipeline crosses 30 gigawatts

The U.S. has a 30.7-GW pipeline of offshore wind projects, enough to meet President Joe Biden's target of 30 GW by 2030, according to an S&P Global Market Intelligence analysis.

But the Biden administration faces a time crunch in reaching the goal: By 2025, the U.S. will have 4,733 MW of operating offshore wind capacity if all projects are built on time, the data show. Another 16,218 MW of capacity is scheduled for completion between 2025 and 2030, when the U.S. will have 20,951 MW of operating capacity. Newer project proposals totaling 8,128 MW of capacity have not disclosed in-service dates. Image: S&P Global Market... ... More: Official Press Release S&P Global Market Intelligence

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