Giant offshore wind project axed in blow to Biden's green goals
Energy developers Equinor and BP announced they are canceling an offshore wind project expected to power hundreds of thousands of New York homes, due to inflation.
Source: yahoo.com
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Plans For Empire Wind 2 Scrapped: What Does It Mean For NJ's Renewable Energy?
The future of wind power off the coast of New Jersey faces uncertainty as developers cancel Empire Wind 2 project, citing inflation and supply chain disruptions.
Source: nj1015.com
WindAction | Equinor, BP cancel offtake deal with New York for giant Empire Wind 2
European energy giants Equinor and BP have scrapped a deal to sell power to the state of New York from the Empire Wind 2 offshore wind farm in the Atlantic Ocean, saying the project is no longer commercially feasible. ..."Empire Wind 2 has been 'at risk' since the project developers made clear in their June 2023 petition that they would not move forward under the current contract," said Timothy Fox, managing director at ClearView Energy Partners.
Source: windaction.org
BP and Equinor bin New York wind farm as surging costs derail yet another green energy project
BP and Equinor have cancelled a deal to sell energy from an inflation-hampered, unbuilt offshore wind farm in New York.
Source: cityam.com