Ørsted, the world’s largest developer of offshore wind, announced late last year that it was cancelling both of the Ocean Wind projects it had planned to build off the New Jersey coast. Earlier in 2023, the developers of Pilgrim Wind and Mayflower Wind, two prospective wind farms off the Massachusetts coast, paid that state’s electric utilities millions of dollars to cancel their contracts. And in New York, BP and Equinor recently announced cancellation of the contract for Empire Wind 2. But while the offshore-wind industry may have lost these recent battles, the battle against this inefficient and high-cost technology is far from over.
[Source.](https://www.city-journal.org/article/offshore-wind-stumbles)
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Ørsted, the world’s largest developer of offshore wind, announced late last year that it was cancelling both of the Ocean Wind projects it had planned to build off the New Jersey coast. Earlier in 2023, the developers of Pilgrim Wind and Mayflower Wind, two prospective wind farms off the Massachusetts coast, paid that state’s electric utilities millions of dollars to cancel their contracts. And in New York, BP and Equinor recently announced cancellation of the contract for Empire Wind 2. But while the offshore-wind industry may have lost these recent battles, the battle against this inefficient and high-cost technology is far from over.
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