DOE offers $48 million in funding to accelerate offshore wind manufacturing and R&D

DOE offers $48 million in funding to accelerate offshore wind manufacturing and R&D

May 1, 2024
The funding will be used for both floating and fixed-bottom offshore wind technologies for deployment off both coasts.

The U.S. Department of Energy (DOE) has announced plans to spend $48 million to fund research and development projects to improve offshore wind technology, domestic manufacturing, and more. The funding will come from the DOE’s Wind Energy Technologies Office (WETO) and will be used for both floating and fixed-bottom offshore wind technologies for deployment off both coasts. In addition, the projects will help expand offshore wind manufacturing and supply chains in the Great Lakes region and improve U.S. academic leadership in floating offshore wind innovations.

Additionally, the DOE has released Pathways to Commercial Liftoff: Offshore Wind, a new report that investigates how the U.S. offshore wind sector is adapting to challenges and poised for continued progress. The agency hopes these developments will lead to thousands of new jobs and expand access to clean energy for millions of Americans. Key takeaways from the report include that the industry is adapting to recent cost pressures and will see lower risk and costs as deployment scales over time.

What people are saying

In a recent quote, U.S. Deputy Secretary of Energy David Turk said, “Offshore wind is already powering over 100,000 American homes, and with the Offshore Wind Liftoff Report and new investments, the Biden-Harris Administration is helping deliver on the promise of this technology to rapidly scale over the coming years. The offshore wind sector is making rapid progress even in the face of macroeconomic challenges, poising the industry to create good jobs and supporting a clean, resilient energy system.” 

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About the Author

Alexis Gajewski | Senior Content Strategist

Alexis Gajewski has over 15 years of experience in the maintenance, reliability, operations, and manufacturing space. She joined Plant Services in 2008 and works to bring readers the news, insight, and information they need to make the right decisions for their plants. Alexis also authors “The Lighter Side of Manufacturing,” a blog that highlights the fun and innovative advances in the industrial sector. 

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