New goals were announced today by the Biden administration to position the US as a leader in the development of next- generation floating wind turbine. The announcement substantially expands Biden's previous offshore wind ambitions by opening up new areas that have not been reached by traditional fixed- bottom turbine.

Most of the world's wind resources can be found at depths greater than 60 meters. More than half of the US's offshore wind resources are located at those depths. The west coast lags behind the east coast when it comes to offshore wind development because the Pacific Ocean is close to California and Oregon.

It's important that we plan for the future with offshore wind in mind. The southern coast of Oregon and the northern coast of California have the greatest potential for wind energy. Brown said that technological challenges necessitate the development of floating offshore wind technology.

It's important that we plan for the future with offshore wind.

15 gigawatts of floating offshore wind capacity will be deployed by the Biden administration. The Department of Interior says it would be enough to power 5 million homes. The DOE is funding research and development of floating offshore wind technologies.

The floating offshore wind shot was launched by the US Departments of Energy, Interior, Commerce, and transportation. The cost of floating offshore wind energy will be brought down by 70%. The goal is for the technology to cost less by the end of the century. The average cost of a fixed- bottom offshore wind project in the US was $84 per megawatt-hour in 2021

The first lease auction for floating offshore wind technology will be held by the end of the year. One site near Central California's Morro Bay and another further north off Humboldt Bay would be open to offshore wind. The state of California set a goal of 25 gigawatts of offshore wind capacity. The state wants to transition to 100 percent clean electricity by 2045.

Oregon's coastline, the Gulf of Maine, and the Great Lakes are all ripe for floating wind farms according to a new assessment.

Most of the nation's coastline has been opened to offshore wind. There is only.042 gigawatts of offshore wind capacity on the east coast. Biden made a commitment last year to increase that capacity to 30 gigahertz by the end of the decade. The White House fact sheet states that a lot of the new capacity would come from fixed wind turbine. The 15 gigawatt goal would be built on top of that.

There is still a lot of potential for offshore wind in the US. According to NREL, fixed- bottom and floating turbine could provide three times as much electricity as the US uses annually.