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30 GW offshore wind target for 2030, and offshore wind loan guarantee program and R&D funding

Source: IEA/IRENA Renewables Policies Database
Last updated: 7 July 2021

In a joint meeting including the Secretaries of Energy, Interior, and Commerce at the White House, the US government announced a national goal of deploying 30 GW of offshore wind by 2030.

US Loan Programs Office (LPO) provides access for up to USD 3 billion in funding through the Innovative Energy Loan Guarantee Program.

The Department of Energy also announced USD 8 million for 15 new offshore wind R&D programmes.

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