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Biden bolsters push for offshore wind

The Biden administration is leaning into offshore wind as part of its push to transition the U.S. to clean energy, even as the federal government is already on its way to meeting a new target for the energy source.The administration has taken several steps in recent weeks to advance its goal of being able to generate 30 gigawatts of offshore wind energy by the year 2030. That's enough energy to power more than 10 million homes.However, there. ....

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EXPERTS PREDICT ACCELERATING COST REDUCTIONS IN OFFSHORE WIND

EXPERTS PREDICT ACCELERATING COST REDUCTIONS IN OFFSHORE WIND
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Experts Predict Accelerating Cost Reductions in Offshore Wind

Experts Predict Accelerating Cost Reductions in Offshore Wind
Study by wind energy researchers from Lawrence Berkeley National Laboratory and UMass Amherst shows expected cost declines of 17%–35% by 2035 and 37%–49% by 2050
April 15, 2021
Figure 1. Estimates of future levelized costs in best-guess scenario.
Figure 2. Estimated change in levelized costs across all three scenarios. Note: costs for floating offshore wind are compared to a 2019 baseline for fixed-bottom.
Figure 3. Anticipated growth in onshore and offshore turbine size.
AMHERST, Mass. – Wind energy experts, in a study by researchers at Lawrence Berkeley National Laboratory along with Erin Baker of the University of Massachusetts Amherst, predict significant reductions in the cost of wind energy by 2050, according to new research published today in the journal ....

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