Cutting through the noise: What’s next for US offshore wind?
The US offshore wind industry has been trying to navigate its new reality since November 2024, when Donald Trump, known for his dislike of offshore wind, became US president-elect once again.
Since then, both encouraging and restrictive signals have emerged, making it difficult to assess what’s next. At Aegir Insights we have published a new analysis to our clients, analyzing these recent federal developments.
Our report offers an independent analysis of the current state of US offshore wind, including project risks, the near-term outlook, and what these changes could mean for the pipeline. The offshore wind capacity that is certain to be completed includes 5 projects totaling 5.8 GW that have started construction. Additional ~5 GW could be built by 2030 as these projects have secured Construction and Operation Plan (COP) approval and offtake agreements, but the outlook for these remains uncertain.
Interested in getting a glimpse of our new report? Reach out to us here.
Complimentary report: Can US offshore wind weather a second Trump term?
In October 2024, we published an analysis to our clients at Aegir Insights on what a second Trump term could mean for the US offshore wind sector, what actions he could take, and which projects could be impacted the most.
You can request to receive a complimentary copy of this Insights piece here.
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