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

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

Offshore wind has the potential to generate more than 2,000 GW of capacity per year — nearly double the nation's current electricity use, according to the DOE.

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.

A study co-authored by New York, Massachusetts, Rhode Island and the Clean Energy States Alliance found that developing 8,000 MW of offshore wind from Maryland to Maine by 2030 could create up to 36,000 full-time U.S. jobs. What's more, said Morgan, "to build and operate an offshore wind farm requires a diverse workforce of 74 different occupations," from engineers to pipefitters.

 

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