Ocean-based renewable energy solutions are a critical piece to addressing the climate crisis. While Europe has built this industry over decades, the US is at the very beginning of this enterprise. With land-use constraints and intense demand for electricity on the coasts, renewable energy offshore appears an obvious solution. Aggressive policies for offshore renewable energy development also point to the necessary growth of a full value chain: transmission infrastructure, supply chain, port redevelopment, workforce and labor, new grid strategies, and a coordinated innovation ecosystem. This panel will explore ocean-based renewable energy policy, the co-use of ocean space, transformative technology development, community engagement, and equitable benefits from ocean development.