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The sudden halt of the offshore wind sector has left states holding high-investment wind ports that for a while at least won’t be needed, raising questions about how states can use the pricey assets.
Ørsted is pushing ahead with two U.S. offshore wind projects amid potential policy threats but halting development of a much larger U.K. proposal due to rising costs.
Offshore wind advocates are closely monitoring and vigorously lobbying Congress to assess and shape potential changes to the Inflation Reduction Act and its budget.
A group of 18 Democratic state attorneys general filed suit against President Donald Trump’s executive order that halted wind energy projects’ federal approvals.
Dominion Energy reported that Coastal Virginia Offshore Wind has already seen slight cost impacts from President Trump's tariffs, which could grow as the project is still on track for completion in 2026.
Conference attendees are optimistic that the rapidly rising demand for energy will mean the federal government eventually will have to harness wind power.
New York’s distributed solar incentive program is ahead of schedule and under budget, so state regulators are reallocating some of its funding for other clean energy programs.
The 2025 edition of DNV’s Energy Industry Insights report finds long-term optimism that the energy transition will continue but widespread uncertainty about its direction in the near term.
RWE, which put a two-year pause on its U.S. offshore wind development efforts days after President Trump was re-elected, now is setting a higher bar for other renewables in the U.S. market.
GE Vernova’s gas turbine sales pipeline grew 39% and its onshore wind orders dropped 42% in the first quarter of 2025 amid sweeping changes in the U.S. energy landscape.
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