2018 Offshore Wind Technologies Market Report

Technical Report · Fri Sep 13 00:00:00 EDT 2019

DOI:https://doi.org/10.2172/1572771· OSTI ID:1572771

Musial, Walter D. ^[1]; Beiter, Philipp C. ^[1]; Spitsen, Paul ^[2]; Nunemaker, Jake ^[1]; Gevorgian, Vahan ^[1]

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1. National Renewable Energy Laboratory (NREL), Golden, CO (United States)
2. US Department of Energy (USDOE), Washington, DC (United States)

Offshore wind energy is a rapidly growing global industry that creates electricity from wind turbines installed in coastal waters on either rigid or floating substructures anchored to the seabed or lake bottom. The 2018 Offshore Wind Technologies Market Report was developed by the National Renewable Energy Laboratory (NREL) with support from the U.S. Department of Energy (DOE) and is intended to provide offshore wind policymakers, regulators, developers, researchers, engineers, financiers, supply chain participants, and other stakeholders with up-to-date quantitative information about the offshore wind market, technology, and cost trends in the United States and worldwide. This report provides detailed information on the domestic offshore wind industry to contextualize the U.S. market and help policymakers, researchers, and the general public understand technical and market barriers and opportunities. Globally, the scope of the report covers the status of the 176 operating offshore wind projects through December 31, 2018, and provides the status of, and analysis on, a broader global pipeline of 838 projects in various stages of development. To provide the most up-to-date discussion of this dynamically evolving industry, this report also tracks the most significant domestic developments and events from January 1, 2018, through March 31, 2019. The following is a summary of the key offshore wind market findings.

• Research Organization: National Renewable Energy Laboratory (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Wind Energy Technologies Office; USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Water Power Technologies Office
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1572771
• Report Number(s): NREL/TP-5000-74278; DOE/GO-102019-5192
• Country of Publication: United States
• Language: English

Related Subjects

17 WIND ENERGY
wind
offshore
energy
renewable energy
offshore wind market
wind energy
capacity