Biden rolls out multiple plans to advance offshore wind

By Heather Richards | 04/25/2024 06:22 AM EDT

The Department of Energy is moving ahead with policies that could bolster projects facing financial headwinds.

A wind turbine off the coast of Virginia Beach, Virginia.

A wind turbine off the coast of Virginia Beach, Virginia. Francis Chung/POLITICO

The Biden administration took multiple actions Wednesday to give offshore wind energy a boost, including a commitment of $48 million to fund research and manufacturing.

The Department of Energy also released an offshore wind market update, saying the industry has reached an “inflection point” as it expands. The emerging sector has faced a number of setbacks over the past year, from inflation and high borrowing costs to an immature supply chain.

“The offshore wind sector is making rapid progress even in the face of macroeconomic challenges,” said Deputy Energy Secretary David Turk in a statement.


On Wednesday, DOE said it will begin a transmission analysis for offshore wind in the Gulf of Mexico. The department’s Wind Energy Technologies Office also put out a request for input from researchers and academics on the state of the U.S. offshore wind blade manufacturing sector.