The Department of Energy has announced new funding for an offshore wind research and development consortium. The 18.5 million dollar budget will be utilized by a hybrid public-privatized innovation hub, addressing several wind-plant focused areas, including technological advances, resource and site characterization, as well as, operations and maintenance. Secretary of Energy, Rick Perry says that “This work will further the DoE’s goal to accelerate the development of offshore wind technologies by supporting fundamental research to reduce the costs of offshore wind energy to successfully compete in regional energy markets.” The news release by the Department of Energy also acknowledges the challenges associated with offshore wind facilities, including, deep water, hurricanes, supply chain issues, and seagoing maintenance. There will be an administrator selected to coordinate the research and development activities conducted by the group. Current members of the offshore wind industry will also contribute financially, as well as share research findings to assist in the continued advancement of technologies.