United States president Joe Biden has met Japanese prime minister Fumio Kishida in the White House. (Photo: The White House)
Japan has committed to collaborate with the United States as the first international partner in reducing costs and promoting the development of floating offshore wind projects primarily through the US Wind Shot initiative.
This statement released by the White House during the Japan’s Prime Minister, Fumio Kishida, visited the Washington to meet with President Joe Biden, and emphasized that their joint commitment aims to reduce technology costs, accelerate decarbonization efforts, and benefit coastal communities.
The US government expand floating offshore wind energy capacity and set a goal to 15 GW by 2035 to help displace fossil fuel for power generation. The Wind Shot initiative, launched in 2022, aims to significantly cut costs by more than 70%, reaching about $45 per megawatt-hour (MWh) by the next decade.
