Developers still face challenges to finance offshore wind projects, but lenders are eager to get involved, speakers told the ACPA's OSW conference.

A 1-GW OSW project can use up to 54 acres of port space over two years, according to a report by energy policy analyst Sara Parkison.

Mass. Energy and Environmental Affairs Secretary Kathleen Theoharides said that forward momentum on new lease areas “is a great exciting announcement."

Meeting the Biden administration’s 30-GW offshore wind goal by 2030 will require investment to spur construction of wind turbine installation vessels.

Tim Burdis of PJM says transmission upgrade and replacement decisions in anticipation of a skyrocketing offshore wind industry need to be made now.

Offshore wind is often mismatched with consumer demand for electricity; better transmission planning can help avoid curtailment, congestion, report says.

PJM received 79 proposals addressing both the onshore and offshore demands of N.J.’s ambitious OSW program as part of the RTO’s “state agreement approach."

Vineyard Wind has partnered with the City of Salem, Massachusetts, in an effort to turn Salem Harbor into the state’s second offshore wind port.

State solicitations have helped lower offshore wind prices, but DEEP Commissioner Katie Dykes says the next challenge for the sector is transmission.