US Offshore Wind Can Realize 25 GW Through Synergies with Oil & Gas Sector

Energy experts highlighted the explosive growth potential of the U.S. offshore wind industry and the expertise its supply chain will leverage from the U.S. offshore oil and gas (O&G) sector during a panel discussion hosted this week at the Offshore Technology Conference by Renewable Energy World and the Special Initiative on Offshore Wind (SIOW).

The U.S. offshore wind industry now has 8 GW of firm commitments in six Northeast states, a project pipeline of almost 25 GW, and potential to generate tens of thousands of U.S. jobs.  Industry experts will gather in Houston in September at the Offshore Wind Executive Summit to discuss the critical synergies between the U.S. offshore wind and O&G industries.

At this week’s panel discussion, experts said that a new U.S. heavy industry is taking shape to install, connect and service offshore wind turbines supported by a supply chain that partners OSW developer initiative with expertise from U.S. oil & gas firms, onshore wind manufacturers and European OSW leaders.
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Chris van Beek, President of Deepwater Wind, estimated that 70 percent of the capital expenditures of an offshore wind farm can be delivered by the U.S. supply chain.

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