Why one company sees great potential in the U.S. offshore wind market

By Jaclyn Brandt for FierceEnergy:  In April, DONG Energy signed an agreement to take over RES Americas Developments Inc.'s (RES) more than 1,000-megawatt (MW) development project rights off the coast of Massachusetts. RES had secured the rights to two leases from the U.S. Bureau of Ocean Energy Management (BOEM) in January.

"The U.S. is an interesting market for offshore wind with the potential to become a significant area for future development," said Samuel Leupold, executive vice president of Wind Power with DONG Energy, said at the announcement in April. "We already have a number of post-2020 projects in our pipeline in North-Western Europe that we will continue to develop. With the takeover of the offshore wind development project in the US, we will broaden our geographical scope and follow the market potential outside of our current footprint."
Leupold continued, "The site conditions are quite similar to those we currently work with in North-Western Europe which means that the project could be developed using well-known technology and logistics."
Although the offshore wind market in the United States has many regulatory obstacles, Brostrøm said that there is also a lot of potential off the East Coast -- including good wind speeds and water depths. He also cited the efforts by BOEM to encourage wind development.

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