Page 24: of Offshore Engineer Magazine (Mar/Apr 2025)

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MARKETS U.S.OFFSHORE WIND © Ian Dyball/AdobeStock

Charting the Evolving U.S

Ofshore Wind Landscape By Philip Lewis, Research Director, Intelatus Global Partners nly four or fve months ago, the U.S. offshore

Updated forecast based on Trump market seemed poised to embark on a phase of administration actions major expansion to become one of the world’s • The overall pipeline has fallen to ~86 GW

Olargest markets for offshore wind installations. and ~5,680 turbines.

How things have changed with the swearing in of the new • The revised forecast is for ~15 GW of capacity

Trump Administration, which clearly promoted and fol- and ~1,100 turbines to be grid connected by lowed through on its anti-offshore wind stance during the 2035, ~43 GW less than the previous forecast. election campaign. The table below summarizes the high- • As a r esult of the uncertainty developers have de- level impacts to the U.S wind forecast since January.

ferred investment plans and several manufacturing facility investments have been cancelled.

Previous administration “business as usual” case • Set goals to reach 30 GW of offshore wind

The long-term pipeline still amounts to ~85 GW of in- b y 2030 and 110 GW by 2050.

stalled capacity, but much of this is forecast to be commis- • Developers proposed a pipeline of over 100 GW sioned late in the next decade, going into the 2040’s.

of project capacity and ~6,800 turbines to be

The high-level message is that there will be no new per- installed, of which ~58 GW to be commissioned mitting, no new project approvals and more legal challeng- b y 2035. es to existing project approvals, resulting in limited activity • Behind the targets were commitments to invest and higher developer risk for at least the next four years. in locally built vessels and multiple turbine,

Uncertainty has increased and confdence in the segment monopile and subsea cable factories.

has been thoroughly shaken.

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