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Feds propose 557 sq miles of new Atlantic ocean tracts for development and set Aug. 29 for first Gulf of Mexico auction of three large sites, but projects now confront rising costs for the first time.
BP and Equinor are in the process of renegotiating the power purchase agreements (PPAs) for their joint offshore wind projects in the USA, according to Reuters.
If fully developed, new acreage in the U.S. territorial waters of the Atlantic Ocean could support at least four gigawatts of offshore wind energy, the government said Monday.
If fully developed, new acreage in the U.S. territorial waters of the Atlantic Ocean could support at least four gigawatts of offshore wind energy, the government said Monday.
Residents expressed their concerns about Equinor’s $3 billion Empire Wind Project at informational sessions held last week in Atlantic Beach and Island Park. Empire Wind, is currently in the …