Offshore wind faces more financial turbulence in 2024
To meet the White House’s mandates for offshore wind, the Interior Department will have to accelerate its pace in assessing projects.
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To meet the White House’s mandates for offshore wind, the Interior Department will have to accelerate its pace in assessing projects.
WASHINGTON — The cancellation of two large offshore wind projects in New Jersey is the latest in a series of setbacks for the nascent U.S. offshore wind industry, jeopardizing the
“We’re probably a little bit too ambitious,” he said. “We came in hot, we came in fast, we thought we could build projects that were inexpensive, large projects right out of the gate. And it turns out that we probably still need to go through the same learning curve that Europe did, with higher prices in the beginning and a little slower pace.”
WASHINGTON (AP) — The cancellation of two large offshore wind projects in New Jersey is the latest in a series of setbacks for the nascent U.S. offshore wind industry, jeopardizing the Biden …
The cancellation of two large offshore wind projects in New Jersey is the latest in a series of setbacks for the nascent U.S. offshore wind industry, jeopardizing President Joe Biden's