US offshore wind 'down but not out' as Trump ushers in era of uncertainty: BNEF
New president’s ban on leasing in federal waters was expected but demand for review injects uncertainty into projects that are underway
Donald Trump’s ban on offshore wind leasing in federal waters came as little surprise to an industry that has long been the target of his ire.
Some 5GW of project capacity is currently in construction, including Dominion Energy’s mammoth 2.6GW Coastal Virginia Offshore Wind (CVOW) array, as well as Orsted’s 704MW Revolution and CIP-Avangrid’s long struggling 800MW Vineyard Wind 1.