The Business Network for Offshore Wind’s annual U.S. Offshore Wind Market Report provides analysis of both federal and state government activities. This timely industry report ensures companies are informed on the government policies and offshore wind industry developments affecting their business.
Demand for offshore wind in the United States nearly doubled in 2022 and investments in the market tripled, marking not only a transformative year, but an inflection point when the industry began the transition to commercial-scale operations.
Previous Business Network Market Reports observed that 2021 was a “transformational year that kickstarted U.S. offshore wind” due to new federal support and continued state demand for the clean energy. Continuing the analogy, 2022 was the year the U.S. offshore wind industry moved into full throttle, but not without a few speed bumps.
The 2023 U.S. Offshore Wind Market Report includes insights into federal, state, and private sector actions that lay at the center of this rapid market acceleration, committed the U.S. to a path of decarbonization and allocated billions for infrastructure. It also outlines efforts by the Biden-Harris administration to bring certainty to the permitting system, creating the foundation of a coherent national industrial strategy to build up a domestic offshore wind manufacturing base and accelerate industry development.
The proprietary 2023 U.S. Offshore Wind Market Report is available only to members of the Business Network for Offshore Wind. Active members can access the report by logging into the member portal. Access to the archived Market Reports are available to the general public.