US auction of first Atlantic Ocean floating wind project sites gains buyers, but market players show caution in facing impact of changed political support
The state announced it would purchase uncontracted energy to sell to utilities to propel the market, as key developer Equinor launches the first undersea robotic analysis and design of its deepwater project site off Morro Bay.
Report says US sector hit big development milestones last year, including project movements and three federal lease auctions that added 11.4 GW in capacity, with another set in the Gulf of Mexico, but advocacy group says this still likely won't meet Biden call for 30 GW of power deployed by 2030.
Blame the UK’s vote on June 23 to leave the European Union—the Brexit referendum—as well as construction challenges, for a hesitation in the drive to develop lightweight, floating foundations for wind turbines sited in deep, offshore waters of Scotland and England.