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U.S. offshore wind demand for cables is expected to exceed 13,500 kilometers over the next 10 years

 Last Update: 2023-01-02
 Source: Internet
 Author: User

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"The Next Decade of U.
S.
Offshore Wind Cable Demand," jointly produced by the Offshore Wind Business Network (BNOW) and SubCableWorld, predicts that the demand for submarine cables for U.
S.
offshore wind projects could exceed 13,500 kilometers
over the next decade.

Liz Burdock, CEO of BNOW, said: "The future offshore wind farm power infrastructure will bring tens of thousands of jobs and manufacturing opportunities
to the U.
S.
coast.
The offshore wind industry is a multi-billion dollar emerging market opportunity
.
”

The report predicts that the demand for submarine cables from U.
S.
offshore wind farms could grow at a CAGR of nearly 11%
from 2019 to 2030.

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