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U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, pending an environmental and economic review. On the same day, Danish energy company Orsted (ORSTED.CO), opens new tab, the world’s biggest offshore wind firm, posted another impairment charge on delays to a U.S. offshore project. Those are… Read More
In summary The president’s order has no immediate effect on offshore wind leases already authorized, including two large areas off California’s coast. But it sends a current of uncertainty through the fledgling renewable energy industry, which relies on federal and state support. President Donald Trump’s ban on new offshore wind leases won’t halt giant wind… Read More
One of the hundreds of executive orders signed by President Donald Trump on his first day in office leaves the future of wind energy in North Carolina and off its coast in limbo. Monday, Trump signed an executive order that prevents new leases on the entire Outer Continental Shelf until the order is revoked. It also prevents… Read More
The president’s social media broadsides represent a big risk for Atlantic Shores, the only active project with a federal permit to build turbines off the state’s coast. President Donald Trump took aim Thursday at offshore wind development in New Jersey, writing in a post on his social media network that the state faced “a large… Read More
Maine has a fleeting chance to get back in the race in 2025, despite President Trump’s antipathy. News reports last week detailed President Donald Trump’s efforts to derail offshore wind energy in the United States. But in an undisclosed location in Trenton, contractors are putting the finishing touches on a 375-ton concrete structure aimed at… Read More
Ørsted presents an operating profit (EBITDA) for 2024 based on preliminary and unaudited reporting. EBITDA excluding new partnership agreements and cancellation fees is expected to total DKK 24.8 billion in 2024, in line with the latest guidance. The operational earnings from Offshore and Onshore were the main contributors and delivered in line with our expectations…. Read More
The orders pause wind lease sales and permitting on federal lands while taking steps to accelerate other forms of energy production. Dive Brief: President Donald Trump began his second term Monday with a bevy of executive orders, including one that temporarily withdraws all federal waters from consideration for offshore wind leasing, and pauses permitting, approvals and… Read More
The Italian company seeking to build a cable manufacturing plant at Brayton Point in Somerset, Massachusetts, pulled the plug on the $300 million project Friday, dealing a major blow to offshore wind development on the East Coast as well as the economic prospects of the small South Coast town. The Prysmian Group spent nearly three… Read More
The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. “We are proud to announce BOEM’s final approval of the SouthCoast Wind… Read More
US Congressman Jefferson Van Drew said on Monday that he was working closely with US President-elect Donald Trump on drafting an executive order to stop offshore wind activities along the US East Coast. The directive is expected to be finalised within the first few months of Donald Trump’s administration, the US Congressman stated in a… Read More
Vattenfall has signed a contract with French ship owner Louis Dreyfus Armateurs for up to three large Service Operation Vessels to be used at existing and planned offshore wind farms in the North Sea. The 90 meter Service Operation Vessels will be used to support offshore wind farm operations and maintenance in the North Sea… Read More
#CDWE takes another significant step toward advancing Taiwan’s sustainable energy future! We have signed the contract with Copenhagen Infrastructure Partners for the transport and installation of pile and jacket foundations and OSS on the 500MW Fengmiao1 Offshore Wind Farm. Our heavy-lift installation vessel, #Green Jade, will once again play a pivotal role installing 33 jacket… Read More
Today, the Bureau of Ocean Energy Management (BOEM) announced it will initiate an environmental review of Vineyard Mid-Atlantic’s proposed offshore wind energy project, located in the federal waters offshore New York and New Jersey. The Vineyard Mid-Atlantic Offshore Wind project is in one of the six lease areas within the New York Bight Wind Energy… Read More
Rep. Jeff Van Drew (R-N.J.) said Tuesday he is collaborating with President-elect Trump on an executive order that would halt the construction of new wind turbines, a frequent Trump target, off the East Coast. In a statement, Van Drew said he has been “working closely” with Trump on the measure as well as longer-term plans for permanent… Read More
State’s energy expertise can boost jobs, economy, and export opportunities Louisiana can leverage its strong energy expertise to expand its leadership in the supply chain for U.S. offshore wind development, according to a study by Greater New Orleans Inc., the Center for Planning Excellence, the Southeastern Wind Coalition, Xodus Group, and The Pew Charitable Trusts…. Read More