The US is launching coordinated actions to develop new floating offshore wind platforms, an emerging clean energy technology aimed to help the United States lead on offshore wind. The President set a goal of deploying 30 gigawatts (GW) of offshore wind by 2030, enough to power 10 million homes with clean energy, support 77,000 jobs, and spur private investment up and down the supply chain. Conventional offshore wind turbines can be secured directly to the sea floor in shallow waters near the East Coast and the Gulf of Mexico. However, deep-water areas that require floating platforms are home to two-thirds of America’s offshore wind energy potential, including along the West Coast and in the Gulf of Maine. The US initiative dubbed the “Floating Offshore Wind Shot” aims to pare the costs of floating wind technologies by more than 70% — to $45 per megawatt-hour — by 2035, said Energy Secretary Jennifer Granholm. The initiative builds on separate efforts to accelerate hydrogen, carbon capture and other technology.