With President Trump's executive actions, some wind projects off the Massachusetts coast, such as the SouthCoast wind project, could be dead in the water.
Offshore wind is a major part of transitioning to an electric grid powered entirely by sources that don’t emit carbon dioxide when generating electricity. The power sector is responsible for nearly a third of the nation's planet-warming greenhouse gas ...
LyondellBasell (LYB) announced the signing of two significant power purchase agreements in Europe, further supporting its commitment to reduce
President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
many times” more expensive than natural gas. Offshore wind is among the sources of new power generation that will cost the most, at about $100 per megawatt hour for new projects connecting to the grid in 2028, according to estimates from the Energy ...
The power sector is responsible for nearly a third of the nation’s planet-warming greenhouse gas emissions. On the campaign trail, Trump vowed to end the offshore wind industry as soon as he ...
President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive order he could issue to halt wind energy projects. Offshore wind is a major part of transitioning to an electric grid powered entirely by sources that don’t emit carbon dioxide when generating electricity.
Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the compan
Oil and gas production in the United States is hitting record highs, easily outpacing consumption growth and fueling an export boom that in 2020 achieved the country’s first trade surplus
We break down President Donald Trump's executive orders that declare an energy emergency, prioritize drilling and pull back on wind and EV development.
Trump's order has no immediate effect on wind leases already authorized. But it sends a current of uncertainty through the fledgling renewable energy industry, which relies on government support.
GE Vernova raked in $10.6 billion in revenue during the last three months of 2024, up 5% from 2023, the company announced Wednesday. Net income, or profit, during the quarter was $484 million, up $279 million from the same three-month period in 2023.