Wind Market Reports: 2024 Edition

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In August 2024, The U.S. Department of Energy released annual offshore, land-based, and distributed wind market reports.

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  • Offshore Wind Market Report 2024

    Offshore Wind Energy

    The Offshore Wind Market Report: 2024 Edition provides detailed information on the global offshore wind energy industry through Dec. 31, 2023, and tracks U.S. projects in various stages of development through May 31, 2024.

     


     

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80,523 MW

is the potential generating capacity of the U.S. offshore wind energy project development and operational pipeline, a 53% increase since last year.

 


 

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1,110 MW

is the amount of distributed wind capacity installed in the United States from 2003 to 2023.

 


 

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125,580 jobs

help power the domestic land-based wind energy industry.

 


 

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13 states

have policies that collectively support 115,130 MW of offshore wind by 2050.

 


 

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92,000 turbines

are installed in distributed wind applications in all 50 states as of 2023. 

 


 

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150,492 MW

is the amount of land-based wind capacity installed in the United States by the end of 2023, including 6,474 MW added in 2023.

 


 

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$2.1 billion

was funded in the domestic offshore wind industry to develop ports, vessels, supply chain, and transmission in 2023.

 


 

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$37 million

was funded in new U.S. distributed wind projects in 2023.

 


 

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4 states

got more than 40% of their electricity supply from land-based wind energy in 2023.

 


 

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