U.S. Wind Power Market Sees Potential Growth Boom by 2035

2025-02-04 economy

Washington D.C., Tuesday, 4 February 2025.
A new report forecasts significant growth in the U.S. wind power sector, with increased capacity and generation trends likely influencing future energy policies and investment strategies.

Record Investment and Growth Projections

Recent market analysis reveals unprecedented growth in the U.S. wind power sector, with companies announcing $16 billion in manufacturing, shipbuilding, and ports investments [3]. The industry has already committed $6.1 billion to American manufacturing for critical components such as cables and foundations [3]. This expansion builds upon historical success, where wind power previously contributed 35% of new U.S. generating capacity, outperforming both coal and nuclear combined [2].

Infrastructure and Supply Chain Development

The sector is driving substantial infrastructure improvements across coastal regions, with ports along the East and Gulf coasts investing nearly $3 billion in development projects [3]. The manufacturing landscape has evolved significantly, with more than 45 new ships and retrofits ordered to support offshore wind development [3]. These investments are transforming ports into essential hubs for assembling and deploying wind farms, complete with state-of-the-art cranes and enhanced logistics networks [3].

Political Landscape and Market Challenges

However, the industry faces new challenges in early 2025, with recent policy shifts potentially affecting growth trajectories. As of January 2025, there has been a temporary suspension of clean energy development on federal lands [4], and federal approvals for both onshore and offshore wind projects have been halted [4]. These policy changes have prompted industry leaders to express concerns about maintaining growth momentum [5][alert! ‘Partial article access for source 5’].

Future Outlook and Market Potential

Despite current political headwinds, the recently published ‘US Wind Power Analysis: Market Outlook to 2035’ report suggests long-term growth potential [1]. The analysis covers comprehensive forecasting of installed capacity and generation trends from 2015 through 2035, with particular attention to both onshore and offshore wind developments [1]. The report emphasizes the critical role of federal initiatives, including the Inflation Reduction Act, in shaping the industry’s trajectory [1].

Sources

Growth Wind Power