Offshore Wind Reprieve? Trump Allows Restart Of $5 Billion Project
The post Offshore Wind Reprieve? Trump Allows Restart Of $5 Billion Project appeared on BitcoinEthereumNews.com. Supply ship visits wind farm near Norfolk, U.K. PA Images via Getty Images Like a 180-degree shift in the winds, the Department of Interior on Monday reversed its order from April for Norwegian energy giant Equinor to halt work on the $5 billion Empire Wind project. The venture – which will feature dozens of turbines dotting 80,000 acres of Atlantic Ocean 15 miles southeast off Long Island, New York – had been in limbo for weeks, and was costing Equinor $50 million a week to keep 10 ships floating on site. Now they can get back to work. In a statement Monday Equinor CEO Anders Opedal thanked New York Gov. Kathy Hochul for “constructive collaboration” with the Trump administration over the issue. The halt work order from the Dept. of Interior followed on a January 20 directive from President Donald Trump ending all offshore wind leasing and permitting pending an investigation into “deficiencies” in the Biden Administration’s practices, “the consequences of which may lead to grave harm” to marine navigation, national security, and “marine mammals.” It was hard for Equinor to believe. They had painstakingly navigated federal and New York state regulations since leasing the tract in 2017. And so far work has been 30% completed, with foundations set in the seafloor for turbines so massive that the tips of their blades will slice the skies 900 feet above the waves (nearly as tall as the Chrysler Building), and harvest ocean breezes to generate 800 megawatts of electricity, enough to power 500,000 New York City homes. Gearing up for Empire Wind, Equinor created 1,500 jobs and invested $900 million in rebuilding the South Brooklyn Marine Terminal to serve as a staging area for offshore work. After the halt to Empire Wind, Gov. Kathy Hochul had said she would “not allow…
The post Offshore Wind Reprieve? Trump Allows Restart Of $5 Billion Project appeared on BitcoinEthereumNews.com.
Supply ship visits wind farm near Norfolk, U.K. PA Images via Getty Images Like a 180-degree shift in the winds, the Department of Interior on Monday reversed its order from April for Norwegian energy giant Equinor to halt work on the $5 billion Empire Wind project. The venture – which will feature dozens of turbines dotting 80,000 acres of Atlantic Ocean 15 miles southeast off Long Island, New York – had been in limbo for weeks, and was costing Equinor $50 million a week to keep 10 ships floating on site. Now they can get back to work. In a statement Monday Equinor CEO Anders Opedal thanked New York Gov. Kathy Hochul for “constructive collaboration” with the Trump administration over the issue. The halt work order from the Dept. of Interior followed on a January 20 directive from President Donald Trump ending all offshore wind leasing and permitting pending an investigation into “deficiencies” in the Biden Administration’s practices, “the consequences of which may lead to grave harm” to marine navigation, national security, and “marine mammals.” It was hard for Equinor to believe. They had painstakingly navigated federal and New York state regulations since leasing the tract in 2017. And so far work has been 30% completed, with foundations set in the seafloor for turbines so massive that the tips of their blades will slice the skies 900 feet above the waves (nearly as tall as the Chrysler Building), and harvest ocean breezes to generate 800 megawatts of electricity, enough to power 500,000 New York City homes. Gearing up for Empire Wind, Equinor created 1,500 jobs and invested $900 million in rebuilding the South Brooklyn Marine Terminal to serve as a staging area for offshore work. After the halt to Empire Wind, Gov. Kathy Hochul had said she would “not allow…
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