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Biden-Harris Administration Releases Offshore Wind Liftoff Report and $48 Million in New Funding to Accelerate Technology and Manufacturing

Biden-Harris Administration Releases Offshore Wind Liftoff Report and $48 Million in New Funding to Accelerate Technology and Manufacturing

Full Title: Biden-Harris Administration Releases Offshore Wind Liftoff Report and $48 Million in New Funding to Accelerate Technology and Manufacturing
Author(s): U.S. Department of Energy
Publisher(s): U.S. Department of Energy
Publication Date: April 24, 2024
Full Text: Download Resource
Description (excerpt):

The U.S. Department of Energy (DOE) released a new report in its Pathways to Commercial Liftoff series, highlighting the U.S. offshore wind sector’s readiness to overcome challenges and achieve significant growth. The report indicates that the sector is on the brink of substantial expansion, with plans to create tens of thousands of well-paying jobs and provide clean energy to millions of Americans. It outlines a strategy for deploying over 100 gigawatts (GW) of offshore wind capacity by 2050. The projects initiated in the coming years will establish a foundation for sustained long-term deployment, contributing to decarbonization and economic benefits nationwide. This progress supports President Biden’s goals of a 100% clean power sector by 2035 and a net-zero emissions economy by 2050.

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