The US will not only reach but surpass the Biden administration’s goal of bringing online 30GW of offshore wind capacity by 2030, with fast-rising federal support driving the build out of plant at sea to nearly 34GW by 2030 and reaching 38GW the following year.
The analyst group's outlook – which includes a “bull case” of a staggering 50GW by 2031 but also a “bear case” of 22GW – is a departure from other research group views, including Bloomberg NEF (BNEF), Rystad and IHS Markit, which
