Stay updated with breaking news from Wind Implementation Partnership. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
If fully developed, new acreage in the U.S. territorial waters of the Atlantic Ocean could support at least four gigawatts of offshore wind energy, the government said Monday.
If fully developed, new acreage in the U.S. territorial waters of the Atlantic Ocean could support at least four gigawatts of offshore wind energy, the government said Monday.
'It requires a lot of things to go right. It does create some costs because you have to build a supply chain from zero,' one industry exec said.
Supply chain problems, surging costs and permitting delays could affect aggressive installation timelines.
Just as the U.S. is plunging into offshore wind energy development, the nascent domestic industry faces major supply chain problems, surging costs, permitting delays and other headwinds.