The White House rolled out initiatives Monday aimed at jump-starting the development of large offshore wind farms that together would power over 10 million homes.
Why it matters: The target of 30 gigawatts of generating capacity by 2030 would go well beyond the big projects already on the drawing boards.
- Research firm BloombergNEF currently forecasts that the U.S. will have 19.64 gigawatts of offshore wind power capacity in 2030. Continue reading.