Offshore Wind: Explainer: Why US offshore wind industry is in doldrums
Energy giants BP and Equinor have reported significant impairments on their US offshore wind power portfolios, highlighting the challenges facing the
Source: indiatimes.com
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Clean Energy is Unstoppable, but Pain Points Emerge
The clean energy transition endures, nevertheless, growing pains emerge. New York Times: Yesterday, Chevron announced a $53 billion acquisition of a midsize rival, as Big Oil consolidates and doubles down on the betthat fossil fuel demand will continue to increase. But if you zoom out just a bit, the picture may be a bit clearer. This morning,…
Source: climatecrocks.com
Biden administration approves biggest offshore wind farm yet, in Virginia
The decision comes at a perilous time for the offshore wind industry, with developers struggling with soaring costs, rising interest rates, supply chain delays, and bursts of local opposition.
Source: bostonglobe.com
US Offshore Wind Writedowns Seen Soaring With Orsted
European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments…
Source: marinelink.com
US Offshore Wind Writedowns Seen Soaring with Orsted Earnings
European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments…
Source: oedigital.com