Vineyard approval reboots US offshore wind sector

Go-ahead for first utility-scale offshore projects sends signal to investors

Investment in offshore wind in the US is expected to accelerate after a landmark decision this week to approve the country’s first utility-scale project following a protracted planning review process, industry associations say. The US Bureau of Ocean Energy Management granted full approval to the 800MW Vineyard Wind project off the coast of Massachusetts, handing the industry a significant breakthrough more than three years after the start of a public review process. 8GW – Forecast US capacity additions 2021-2025 “[The approval] brings a sorely needed regulatory decision for investors and re-positions the US as a player in the trillion-dollar global offshore wind industry,” sa

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