Asia's Offshore Wind Soars as US Retreats

Southeast Asia is emerging as a significant growth area for the offshore wind industry, driven by rising energy demands and favorable policy developments. Nations like the Philippines and Vietnam are strategically positioning themselves to harness their extensive coastlines and consistent ocean winds, offering a promising alternative to fossil fuels.

This regional momentum is amplified by recent shifts in U.S. energy policy. A reversal from previous support has led to the disruption of billions of dollars in U.S. offshore wind projects, prompting a redirection of industry interest and investment towards developing regions like Southeast Asia.

Despite challenges such as extreme weather, technological advancements are enabling the development of disaster-resilient turbines. With China also playing a crucial role by supplying turbines and expertise, Southeast Asia is poised to become a model for global offshore wind development.