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Radar Screen Report

OWC Almanac Status Update

March 2018

Mar29

Status of the Offshore Wind Cable Market in the U.S.

Categories // March 2018

The offshore wind industry in the United States has made incredible strides in the last two years.  Following the completion of the first demonstration-scale wind farm, a number of states in the Northeast began a concerted effort to make offshore wind part of their renewable energy portfolio.  Sizeable state procurements occurred in 2018 and the federal Bureau of Ocean Energy Management (BOEM) threw its support behind the industry, resulting in a record-breaking lease sale at the end of the year.  The first weeks of 2019 showed continued strength with additional state procurement plans. 

These developments are moving the US market closer and closer to the implementation stage for large-scale offshore wind development.  This also means that the market is moving closer to procuring large quantities of offshore wind cable (OWC); a critical component to any offshore wind farm. 

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