Page 29: of Maritime Reporter Magazine (June 2022)

USCG Fleet Modernization Annual

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tal expenditure amounting to $205 billion to bring onstream, a recurring annual operations and maintenance spend of $7 bil- lion once delivered, and close to $31 billion of decommission- ing expenditure at the end of commercial operations: • Two offshore wind projects have passed the FID stage, have ? nalized major contract commitments and have commenced onshore construction.

• An FID is expected within the next 18 months for four

OCS bottom-? xed project and two demonstration proj- ects, one of which ? oating wind technology.

• 16 projects are in the midterm planning stage where an

FID is expected between 18 and 36 months.

• Seven projects are in the early planning stage where an

FID is expected to be taken in 36-60 months.

• Another 13 areas will support close to 17 GW of future offshore wind projects and where an FID is expected after 60 months.

• There are a further 27 offshore areas at the planning stage in the Atlantic, Paci? c and Gulf of Mexico that will sup- port the longer-term U.S. ambition of deploying 110 GW of offshore wind by 2050.

Details of all U.S wind projects and developments are dis- cussed in Intelatus Global Partners’ June U.S. Offshore Wind

Report. Also in the project section of the report are details for over 60 projects in the planning stage, two projects in construc- tion, and two wind farms currently in service. The report is ac- companied by an online database. Information is current as of

June 1.

For more information about the U.S. Offshore Wind

Market Forecast, please visit www.intelatus.com or contact Michael Kozlowski at +1 561-733- 2477or Philip Lewis at +44 203-966-2492

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