US Offshore Wind

Orsted is attributing the cancellation of its Ocean Wind projects to factors including high inflation, rising interest rates and supply chain constraints,

By Leslie Kaufman (Bloomberg) — The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe

By Jennifer A. Dlouhy (Bloomberg) — Nearly 3 gigawatts of offshore wind capacity could be imperiled if the US government imposes a 20-kilometer

By Scott DiSavino Oct 19 (Reuters) – Developers in the U.S. offshore wind industry will likely cancel some power sales contracts in New York after

By Will Wade and Jennifer A Dlouhy (Bloomberg) — When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind

By Todd Gillespie and Allegra Catelli (Bloomberg) — Orsted A/S shares dropped to a six-year low after New York regulators rejected a cost adjustment for

(Bloomberg) — The US should direct more study of how offshore wind farms affect water flows and a food source for critically endangered whales near the

By Will Wade (Bloomberg) –Offshore wind developers are reevaluating some New York projects after regulators rejected higher rates by Equinor ASA, Orsted

Oct 4 (Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly

(Bloomberg) — Dominion Energy Inc., which is developing one of the largest US offshore wind farms, is already making plans for another similar-sized

LONDON, Sept 28 (Reuters) – A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has

The U.S. offshore wind industry has seen rapid growth in recent years, but a shortage of port infrastructure capacity threatens its progress and its ability to

The Biden Administration has issued a comprehensive roadmap to accelerate offshore wind transmission in the U.S. Atlantic region. The action plan, released

A fleet of underwater drones will be used to conduct a comprehensive site survey for what could become the first floating offshore wind farm off the U.S. West

By Scott DiSavino and Nichola Groom Sept 18 (Reuters) – U.S. President Joe Biden’s plan to deploy 30,000 megawatts (MW)

By Jennifer A. Dlouhy (Bloomberg) — Six US governors have implored President Joe Biden to boost support for the fledgling offshore wind industry amid

Sept 15 (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change

The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed Empire Wind offshore wind projects off New York, which BOEM

By Scott DiSavino and Nerijus Adomaitis Sept 6 (Reuters) – The value of Danish energy company Orsted, the world’s

(Bloomberg) — Orsted A/S’s potential $2.3 billion impairment on its US projects is just the latest in a string of recent setbacks for the nascent US