Orsted CEO says US offshore wind targets still possible but not easy

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Orsted CEO says US offshore wind targets still possible but not easy
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By Scott DiSavino and Nichola Groom (Reuters) - U.S. President Joe Biden's plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still ...

By Scott DiSavino and Nichola Groom - U.S. President Joe Biden's plan to deploy 30,000 megawatts of offshore wind by 2030 is still possible, although not easy, the CEO of Orsted, theHalifax Urban Folk Festival on both sides of the harbour | SaltWire - U.S.

"We don’t need gas or oil or coal. It's capital and that overnight has become significantly more expensive," Nipper said. The Biden administration has passed lucrative subsidies aimed at helping companies build new offshore wind power capacity to help decarbonize the power sector and revitalize domestic manufacturing.

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