DOE Announces New Actions to Accelerate U.S. Floating Offshore Wind Deployment

Feb. 22, 2023

The U.S. Department of Energy (DOE) today announced new investments to secure U.S. leadership in floating offshore wind development by advancing offshore wind transmission planning, research and technology, and partnerships. These announcements are part of the Biden-Harris administration’s Floating Offshore Wind Shot Summit, with the Departments of Energy, the Interior, Commerce, and Transportation convening stakeholders to drive progress. With two-thirds of America’s offshore wind resource located in deep-water areas that require floating platforms, capturing this vast potential could bring the benefits of clean power to millions of American homes and businesses. Today’s new actions support the goals of the administration’s Floating Offshore Wind Shot to reduce the cost of floating offshore wind energy by more than 70% by 2035 and deploy 15 gigawatts of floating offshore wind by 2035. These coordinated actions will help position the U.S. to lead the world on floating offshore wind technology, create thousands of good-paying jobs, lower energy costs for families, and strengthen U.S. energy security.