Monday, August 25, 2025
US has only one offshore wind energy farm, but a $70 billion market is on the way -oilandgas360

US has only one offshore wind energy farm, but a $70 billion market is on the way

CNBC According to the Department of Energy, offshore wind has the potential to generate more than 2,000 GW of capacity per year, nearly double the nation’s current electricity use. Even if only 1% of that potential is captured, nearly 6.5 million homes could be powered by offshore wind energy within the next decade. Offshore wind has the potential to generate