Norwegian energy giant Equinor warned it could abandon its $2.5 billion offshore wind farm project near New York City—a major clean energy initiative—after the U.S. government halted construction last month. The move throws uncertainty over plans to power 500,000 homes via renewable energy by 2027. ⚡️
What Happened?
The Biden administration paused Equinor's Empire Wind 1 project, citing a rushed approval process under previous leadership. The wind farm, slated to be built 24–48 kilometers off Long Island, would have been the first to directly supply New York City with offshore wind energy via 54 turbines generating 810 megawatts.
Why It Matters
This project is a cornerstone of New York's goal to transition to 70% renewable energy by 2030. Equinor's spokesperson, Magnus Frantzen Eidsvold, told NewspaperAmigo.com, “The situation is unsustainable. We need a resolution soon or we might terminate the project.” 💔
Political Headwinds?
Offshore wind faces challenges in the U.S., with former President Trump opposing the sector and current regulatory hurdles slowing progress. Analysts say delays could deter global investors eyeing America's green energy market. Will Equinor’s ultimatum spark action? 🌐
