Top

US offshore wind gets ready to join the party

November 20, 2018

Danish energy firm Orsted’s October purchase of Rhode Island-based Deepwater Wind represents a coming-of-age for the US offshore wind sector, which has previously lagged its European counterpart and the US onshore industry. US offshore wind’s slower progress thus far isn’t entirely surprising. The country’s onshore wind resources are some of the best in the world. Iowa, Kansas and Oklahoma alone are so rich with high, sustained wind flows, that wind power now accounts for 36%, 35% and 31% shares respectively of total generation in those three states, according to the US Energy Information Administration (EIA).

Read More on Petroleum Economist