Offshore wind

Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
The Biden administration’s goal of deploying 30 GW by 2030 was always ambitious; recent challenges make this more difficult to achieve. Addressing some of the industry headwinds is not only important for the 2030 goal, but it will also set the stage for the longer-term industry.
The Coastal Virginia Offshore Wind project is expected to power 900,000 homes, support thousands of jobs, and add 2,600 MW of energy to the grid.

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