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Great potential for growth in the US offshore wind industry

WHITEPAPER REPORT

US Offshore Wind Plans Reliant on Ready Supply of Power Cables

This whitepaper analyzes US offshore wind cable demand for a 10-year period from 2019 through 2028 and presents three possible scenarios, with demand ranging from 6,500 kilometers to 12,000 kilometers of cable to be contracted for by 2028.

Analyzing the cable industry

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Mark Fraiser

Marketing Director at Company

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Susan Bone

Advertising Director at Agency

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James Cohen

Sales Manager at Brand

The opening phases of the US offshore wind industry were marred by controversy and failure, but the recent pledges made by the Northeastern states to develop offshore wind on an ambitious scale and timetable is cause for optimism. However, the complete absence of a domestic supply chain for the cables needed to harvest the energy produced by these planned wind farms is a growing concern.

For the US offshore wind market to reach its potential, the establishment of a domestic supply chain must be developed, particularly for cable. The forecasts outlined in this report are based on data collected over the last decade by SubCableWorld and help to clarify the scale of opportunity in the US market.