The US offshore wind power industry experienced a turbulent 2023 with developers canceling projects and contracts totaling 10,998 MW of capacity along the East Coast due to cost increases that made the investments uneconomic, but with much of this capacity critical for meeting state-level ...
Wind power is often posed as a greenhouse gas emission mitigation option, yet from a global perspective, the constrained supplies of rare-earth metals required for large-scale offshore wind turbines seem increasingly likely to provide limits to offshore wind power and other rare-earth-metal ...
America's first large-scale offshore wind farmsbegan sending powerto the Northeast in early 2024, but a wave of wind farm project cancellations and rising costs have left many people with doubts about the industry's future in the U.S. Several big hitters, including Ørsted, Equinor, BP an...
1. The US tripled that amount of money invested in offshore wind in 2022 to $9.8 billion, according toKassia Micekat S&P Global andRos Davidson at Windpower Monthly.. Some of these investments were in bids let by the Biden administration for government controlled seas off the coast, but so...
Wind power is often posed as a greenhouse gas emission mitigation option, yet from a global perspective, the constrained supplies of rare-earth metals required for large-scale offshore wind turbines seem increasingly likely to provide limits to offshore wind power and other rare-earth-metal applica...
Avangrid CEO Pedro Azagra said 2023 was a historic year for offshore wind with “steel in the water and people at work, and today, we begin a new chapter and welcome 2024 by delivering the first clean offshore wind power to the grid in Massachusetts.” Avangrid is an energy company headq...
Onshore Wind Power Offshore Wind Power Service Taking wind to the next level Innovation means evolution. As a technological leader we invest in the clean energy solutions that hold the promise of transforming the future. To avert the climate crisis, it is crucial to decarbonize all pa...
POINT PLEASANT BEACH, N.J. (AP) — As the U.S. races to build offshore wind power projects, transforming coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment. And that worries some people, ...
in place for not only offshore wind but other sustainable industries. The risk is if another administration enters power and they do not have ambitious goals and focus shifts away from sustainability. At that point without the push in Washington it will slow the roll out of offsho...
Biden has set a goal of generating 30 gigawatts of energy from offshore wind by 2030. The 800-megawatt Vineyard Wind project would provide enough power for 400,000 homes and businesses, the Interior Department said. Currently the only ocean wind farms are small installations off the coasts of...