DOE ramps up spending for offshore wind transmission
The Energy Department announced what it said are new investments in its bid to secure U.S. leadership in floating offshore wind development by advancing offshore wind transmission planning, research and technology, and partnerships.
DOE said that two-thirds of U.S. offshore wind resource are located in deep-water areas that require floating platforms. It said its latest actions are intended to support the goals of its Floating Offshore Wind Shot to reduce the cost of floating offshore wind energy by more than 70% by 2035 and deploy 15 GW of floating offshore wind by 2035.
