When Equinor recently received notice to halt all activities relating to Empire Wind 1, the move pulled the rug out from under the entire US offshore wind sector.
Since taking office in January 2025, Donald Trump has gone further than expected to make good on his promise to “stop offshore wind on Day 1” – but still, projects under active construction were expected to be safe from interference. With the stop-work order for Empire Wind 1, which had just started offshore construction, this hope was dashed.
Four other projects – Vineyard Wind, Revolution Wind, Sunrise Wind and Coastal Virginia Offshore Wind – have invested billions and are currently being built. As even the most mature projects now face uncertainty, the outlook for the US market depends on how this threat is handled.
At Aegir Insights, we have published a new report to our clients analyzing the far-reaching ramifications for the US market if the order against Empire Wind 1 stands.
Interested in getting a glimpse of our new report and discussing the state of the US offshore wind market?
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