2016 Offshore Wind Technologies Market Report

Walter Musial, Philipp Beiter, Paul Schwabe, Tyler Stehly, Vahan Gevorgian, Amy Robertson, Paul Spitsen, Tian Tian

Research output: NRELTechnical Report


The 2016 Offshore Wind Technologies Market Report was developed by the National Renewable Energy Laboratory (NREL) for the U.S. Department of Energy (DOE) and is intended to provide offshore wind policymakers, regulators, developers, researchers, engineers, financiers, and supply chain participants, with quantitative information about the offshore wind market, technology, and cost trends in the United States and worldwide. In particular, this report is intended to provide detailed information on the domestic offshore wind industry to provide context to help navigate technical and market barriers and opportunities. The scope of the report covers the status of the 111 operating offshore wind projects in the global fleet through December 31, 2016, and provides the status and analysis on a broader pipeline of 593 projects at some stage of development. In addition, this report provides a wider assessment of domestic developments and events through the second quarter of 2017 to provide a more up-to-date discussion of this dynamically evolving industry.
Original languageAmerican English
Number of pages131
StatePublished - 2017

NREL Publication Number

  • NREL/TP-5000-68587

Other Report Number

  • DOE/GO-102017-5031


  • cost trends
  • DOE
  • offshore wind
  • offshore wind
  • state of the market
  • wind
  • wind energy
  • wind technologies


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