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Intelatus: UNITED STATE Offshore Wind Picking Up Speed

marinesalvage by marinesalvage
August 24, 2022
in Tug&Barge&Salvage
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Intelatus: U.S. Offshore Wind Picking Up Speed
Credit: Global Image Archive/AdobeStock

Credit: Global Image Archive/ AdobeStock

The united state overseas wind market remains to gain ground on its trip to release 30 GW of overseas wind by 2030 and also 110 GW by 2050, with an overall financial investment of $205 billion needed for the 70 GW of ability projection to be included this and also the following years.

This is the final thought of the most recent regular monthly record from Intelatus Global Partners  on the expanding united state overseas wind market.

Philip Lewis, Research Director at Intelatus Global Partners, offered an introduction of the progression the united state overseas wind jobs are making: “Two major OCS projects with around 940 MW of capacity have reached FID and have commenced onshore construction, and ten OCS developments with a potential for more than 15 GW are undergoing federal permitting review. Furthermore, 17.5 GW of project capacity has secured offtake commitments from states, and at least 6.2 GW of new OCS capacity in the South Atlantic and California is planned to be auctioned before the end of this year.”

“Longer term, leasing plans for the Gulf of Mexico, the Central Atlantic, Oregon and the Gulf of Maine are being developed for auctions before the end of 2024. Also, an unsolicited request has been submitted to develop a 2 GW floating wind farm in Washington State, turbine component, foundation, and cable factories and Jones Act wind farm vessels are being built in the U.S. and offshore wind port development is accelerating,” Lewis claimed.

$ 205 Billion Capex

Lewis additionally claimed: “Our forecast accounts for projects that will install close to 70 GW of capacity in this and the next decade. The forecast capacity will require capital expenditure amounting to $205 billion to bring onstream, a recurring annual operations and maintenance spend of $7 billion once delivered, and close to $31 billion of decommissioning expenditure at the end of commercial operations”.

All is gone over in Intelatus Global Partners’ May UNITED STATE Offshore Wind Report.Also in the job area of the record are information for over 60 jobs in the drawing board, 2 jobs in building, and also 2 wind ranches presently in solution. The record is come with by an online data source. Information is existing since 3 May.

For even more info regarding the united state Offshore Wind Market Forecast, please check out www.intelatus.com or call Michael Kozlowski at +1 561-733-2477or Philip Lewis at +44 203-966-2492

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