Throughout 2022, the U.S. offshore wind market saw $9.8 billion in new investments — more than three times those of the previous year, according to the Business Network market survey.  While this growth was fueled primarily by lease auction fees, more than $4.4 billion went to port infrastructure, supply chain development and transmission, the report found.  Since 2014, total new investments driven by offshore wind activity have reached $17 billion, the Business Network stated.

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