Empire Wind
Equinor
Equinor is taking a nearly $1 billion impairment on its U.S. offshore wind development efforts, blaming the Trump administration’s anti-wind power crusade for the impact.
Sif Group
BOEM lifted a stop-work order on the Empire Wind 1 project in a deal that will have New York work on expanding pipelines into the Northeast, a goal the White House has publicly sought since shortly after President Trump took office.
NYISO
NYISO is modeling the Empire Wind offshore wind project as in-service despite federal orders to cease construction, staff said in presenting updated assumptions for the second-quarter Short Term Assessment of Reliability.
© RTO Insider
Offshore wind advocates are closely monitoring and vigorously lobbying Congress to assess and shape potential changes to the Inflation Reduction Act and its budget.
Shutterstock
A group of 18 Democratic state attorneys general filed suit against President Donald Trump’s executive order that halted wind energy projects’ federal approvals.
© RTO Insider
Conference attendees are optimistic that the rapidly rising demand for energy will mean the federal government eventually will have to harness wind power.
Equinor
Interior Secretary Doug Burgum posted that he had directed BOEM to bring an immediate halt to all construction activities on the $7 billion project until it could undergo further review.
Ørsted
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
Equinor
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
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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