Full Title: U.S. Offshore Wind Quarterly Market Report - Q4 2022
Author(s): The Business Network for Offshore Wind
Publisher(s): The Business Network for Offshore Wind
Publication Date: January 10, 2023
Full Text: Download Resource
Description (excerpt):
The Business Network for Offshore Wind 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.
The last three months of 2022 (Q4) are notable for the first-ever federal offshore wind auction along the U.S. west coast and key port investments, yet the combination of supply chain bottlenecks, rising commodity prices, and the lack of coordinated transmission planning threatens to stall progress in 2023. The report details important developments that affected the U.S. offshore wind industry in the fourth quarter of 2022.