Tag: energy strategy in the us

Electricity prices tend to be lower in the United States than in Europe, so it is more difficult for new technologies to be cost competitive in the U.S. market. Prior to states enacting mandates for offshore wind energy procurement, the United States lacked the supportive policies that drove the first decade-plus of European offshore wind energy deployment. Despite the challenges, progress is being made to increase the speed and scale of U.S. offshore wind development.