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What’s the potential of floating offshore wind?

The U.S. could soon emerge as a leader in floating offshore wind development, according to a new report.

The Global Wind Energy Council (GWEC) highlighted the U.S. and four other countries — Italy, Ireland, Morocco, and the Philippines — for their potential to capitalize on the next round of floating offshore wind growth. Scotland, South Korea, and Japan were the “first movers” on floating offshore wind (FOSW), the report noted.

The five countries were selected from a group of 115 with the potential for FOSW development based on site conditions, government policies, development targets, and the costs of alternative forms of clean energy.

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