The Offshore Wind Misinformation Crisis
Written by: Collin Fields, Marketing & Communications Manager, Offshore Wind Academy
Written by: Collin Fields, Marketing & Communications Manager, Offshore Wind Academy
Written by Abby L. Watson, President & Co-Founder of The Groundwire Group
A new report from Aurora Energy Research, commissioned by the Alliance for Clean Energy New York (ACENY), concluded that offshore wind is the only viable near-term solution to address downstate New York’s escalating energy reliability concerns.
Rising costs, high interest rates, and supply chain issues have forced offshore wind companies to cancel or renegotiate contracts, while policy changes, including a presidential memorandum pausing leases, have caused project delays and financial losses. This article categorizes the current status of U.S. offshore wind projects, detailing those operational, under construction, approved, paused, or canceled, illustrating the sector’s volatile near-term landscape.
The Charybdis, the first U.S.-built wind turbine installation vessel, represents a $715 million investment in American offshore wind energy. Built in Texas, this Jones Act-compliant vessel will play a crucial role in Dominion Energy’s Coastal Virginia Offshore Wind project and future East Coast developments.
The recent executive order pausing offshore wind leasing and permitting is a serious setback to America’s growing offshore wind industry.
In 2024 at American Offshore Wind Academy, we trained 400+ people from over 160 companies. There were a few who stood out to us for being professional development champions.