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Orsted Books $4 Billion in Impairments, Walks Away From Two U.S. Offshore Projects - Vimarsana News

Orsted Books $4 Billion in Impairments, Walks Away From Two U.S. Offshore Projects

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.

Source: wsj.com
America's Wind-Farm Revolution Is Broken - Vimarsana News

America's Wind-Farm Revolution Is Broken

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

Source: wsj.com
New Jersey's Wind Giveaway Gets Worse - Vimarsana News

New Jersey's Wind Giveaway Gets Worse

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

Source: wsj.com
11 Stocks to Play a Resurgent Energy Sector - Vimarsana News

11 Stocks to Play a Resurgent Energy Sector

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.

10 Stocks to Play a Resurgent Energy Sector - Vimarsana News

10 Stocks to Play a Resurgent Energy Sector

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