Offshore wind energy development in the U.S. has yet to see its first commercial-scale project built, but prospects in the power-short, population-dense Eastern seaboard are gaining huge momentum as more states push ocean wind to source greener power and job growth, according to a new market analysis by the University of Delaware and an enthusiastic gathering of 1,400 current and potential sector participants at an April 9 networking forum in New York City.
Expanding state commitments and falling development costs buoyed attendees, but they voiced concerns about building supply chains, staging areas and grid links fast enough.