Tue, May 26

NEWS: Trump is paying companies to quit offshore wind. These projects could be next.

These offshore wind projects could be next on the chopping block. 👀 (E&E News)

  • Recent Interior Department agreements to sink turbines in favor of fossil fuels could inspire similar deals around the US. Off New York’s coast, for instance, three early-stage projects totaling nearly 7GW are vulnerable to cancellation. These include Community Offshore Wind from RWE and National Grid.

  • Off California’s shores, 5.6 GW may hang in the balance, including Equinor’s Atlas Wind. And near North Carolina, a 1.6-GW project from Cinergy could also fizzle out.

  • But CA stays committed: Despite these possible cancellations, the Golden State has kept its pledge to build 25 GW of offshore wind capacity by 2045. That could provide up to 15% of the state’s future clean electricity demand.  

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