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2024 (Q2) U.S. Offshore Wind Quarterly Market Report

2024 (Q2) U.S. Offshore Wind Quarterly Market Report

Full Title: 2024 (Q2) U.S. Offshore Wind Quarterly Market Report
Author(s): Michelle Smith
Publisher(s): Oceantic Network
Publication Date: July 10, 2024
Full Text: Download Resource
Description (excerpt):

Oceantic Network releases its U.S. Offshore Wind Quarterly Market Report in April, July, October, and January. Each builds off our U.S. Offshore Wind Annual Market Report and provides key analysis of both federal and state government activities impacting the U.S. offshore wind industry. Quarterly Reports ensure companies are informed on offshore wind industry developments affecting their business.

Learn about project development updates, including information about the Coastal Virginia Offshore Wind Project, Revolution Wind, and Vineyard Wind, which are undergoing installation activities on the East Coast, with South Fork Wind already complete and delivering power to the grid. Once installation on the three projects is complete, they will provide over 4 GW of energy to the grid, powering approximately 1.4 million homes. Additionally, in Q2, Equinor broke ground on its South Brooklyn Marine Terminal, projected to create over 1,000 jobs in the construction of staging, pre-assembly, and operations & maintenance facilities for offshore wind. The New Jersey Wind Port, an offshore wind marshalling port, is nearing completion.

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