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President Joe Biden’s ambitious goal of developing 30 gigawatts of offshore wind by 2030 is under threat due to soaring costs, supply chain setbacks, and regulatory hurdles that have stymied developers and forced some to abandon contracts.
Energy Secretary Jennifer Granholm told Columbia U. energy summit attendees that the administration is "obsessed" with permit reform and expedited approvals, but with NEPA "goals" intact.
Another big European energy firm, Germany’s RWE, is making similar moves.
Lulls trigger questions over the long-term predictability of wind patterns amid escalating climate change