U.S. Offshore Wind Push Set to Fall Short of Biden’s 2030 Goal
- IHS Markit expects U.S. to miss Biden’s target by 30%
- Supply-chain bottlenecks will limit construction: IHS Markit
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The plan to rapidly scale up wind farms off the U.S. coast is set to miss President Joe Biden’s 2030 goal by 30%, according to research from IHS Markit Ltd.
Earlier this year, the Biden administration announced a goal to deploy 30 gigawatts of offshore wind, enough to power more than 10 million American homes, by the end of the decade. It’s a key part of a broader plan to eliminate greenhouse gas emissions from the nation’s power grid by 2035.