The Global Wind Energy Council (GWEC) has indicated that government support is the single, most important factor for the growth of the floating offshore wind industry.

The current administration has a goal of developing 30 GW of offshore wind by 2030.

The U.S. Bureau of Ocean Energy Management handles floating offshore wind lease management as it does with fixed-bottom development.

The fixed-bottom offshore wind industry is growing along the U.S. East Coast, supported by the recent $4.37 billion lease auction for development rights off New York and New Jersey.

The U.S. could soon emerge as a leader in floating offshore wind development, according to a new report, and floating offshore wind technologies present opportunities for development in otherwise unreachable waters off California, Oregon, and the Gulf Coast, the report said.

Read more: