4 reasons why the US's offshore wind problems are temporary
September 16, 2023
The US offshore wind industry has had some significant problems lately – but here’s why that’s not going to stop the young sector in the long run.
According to the US Department of Energy’s 2023 Offshore Wind Market report from August, around 27 power offtake contracts totaling more than 17 gigawatts (GW) of potential energy were signed by the end of May. But higher financing costs…