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April 11, 2026

Offshore Wind Power

Bureau of Safety and Environmental Enforcement
Critics Slam Trump’s Freeze on New OSW Leases
The order does not affect existing onshore or offshore wind leases, but it sets up potential challenges by directing a comprehensive review.
NYSERDA
Ørsted Takes $1.7B Impairment on US Offshore Wind
Cost increases, delays and diminished value of assets contributed to Ørsted's latest setback — which was announced before President Trump targeted offshore wind in an executive order.
C-SPAN
Trump to Declare ‘National Energy Emergency’ to Ramp up Oil, Gas Production
Minutes after he was sworn in as 47th president of the United States, Donald Trump signaled his intention to rapidly increase production of oil and gas.
Ørsted
Oceantic Emphasizes OSW’s Economic Benefits
Oceantic Network released a report on the thousands of jobs created and billions of dollars invested through more than 1,900 supplier contracts that span 40 states. 
Office of Gov. Gavin Newsom
Newsom Budget Lays out Cap-and-trade Extension, Climate Spending
California lawmakers may consider extending the state’s landmark cap-and-trade program, following a request from Gov. Gavin Newsom in his 2025/26 budget proposal.
Shutterstock
Delaware, US Wind Finalize $100M+ in Community Benefits
Delaware has finalized a benefit agreement with US Wind for allowing the developer to use a state park to run export cables from the offshore wind farms it hopes to build.
Shutterstock
Uncertainty Clouds NJ Clean Energy in 2025
New Jersey in 2025 faces the added uncertainty of a likely contentious governor’s race to replace clean energy champion Gov. Phil Murphy and his release of a new energy master plan.
CS WIND Offshore
Offshore Wind Industry Girds for 2025, Trump Presidency
President-elect Trump said he would halt offshore wind power development, but how big of an impact he will have on the industry remains to be seen.
Equinor
Equinor Closes on $3B in Financing for Empire Wind 1
Equinor has closed on the finances for Empire Wind 1, a major milestone for a New York project expected to accrue $5 billion in capital costs over the next few years.
Shutterstock
NY Well Positioned to Push Forward on Climate Goals Under Trump
Renewable energy industry analysts, representatives and environmental advocates say New York is in a better position than many others to make progress on its renewable energy goals during a second Trump administration.

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