The U.S. wind energy market is set for explosive growth, with the Biden Administration aiming to rival European and Asian markets for the renewable energy source. The Biden Administration is aiming to build out 15GW of floating offshore wind capacity by 2035, a push that will complement its plans for 30GW of (mainly fixed-bottom) offshore wind by 2030. If the U.S. is able to successfully build out significant floating offshore wind capacity, it will be able to take advantage of far larger and currently untapped waters with higher wind potential. The U.S. is making plans to boost its wind production to compete with other major players and become an international hub for the renewable energy source. The United States might be moving late, compared to major wind markets in Europe, but Biden is rapidly changing the face of the country‚Äôs wind energy sector, offering it the potential for rapid, […]