Page 2 - Dk Orsted News Today

Orsted booked a $4 billion impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.

Even with generous green subsidies, offshore wind projects are being called off as developers struggle to make a profit

Gov. Murphy is letting a company keep tax credits he promised to residents to offset higher energy costs.

Our energy roundtable predicts higher crude prices as global demand grows faster than supply. What’s ahead for U.S. shale, the majors, and the energy transition.

Our energy roundtable experts see value in U.S. shale stocks and European majors as global energy demand outstrips supply.

U.S. tax credits for renewable-energy projects draw investment from across the Atlantic