Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Alaska LNG signs 20-year offtake agreement with Japan’s JERA – Oil & Gas 360

September 11, 2025

Chevron submits bid for offshore gas exploration blocks in Greece

September 11, 2025

Hydrogen Europe

September 11, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Offshore wind has no future in U.S. under Trump, Interior Secretary says
Emissions Regulations

Offshore wind has no future in U.S. under Trump, Interior Secretary says

omc_adminBy omc_adminSeptember 11, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


U.S.’ Burgum: Reducing Russian gas sales stops funding for Moscow’s war

Offshore wind has no future as a source of electricity generation in the United States under the Trump administration, Interior Secretary Doug Burgum said at an energy conference in Italy this week.

“Under this administration, there is not a future for offshore wind because it is too expensive and not reliable enough,” Burgum told an audience at the Gastech conference in Milan on Wednesday.

It is the clearest statement yet from a senior Trump administration official that the president aims to shut down the nascent offshore wind industry in the U.S. Burgum oversees the leasing and permitting of offshore wind farms in federal waters as head of the Department of Interior.

President Donald Trump barred new leases for offshore wind farms on his first day in office through an executive order that was framed as “temporary.” Trump also ordered a review of permits, but the industry had hoped projects under construction would be allowed to move forward.

But Interior is “taking a deep look” at five offshore wind farms that are already under construction in the U.S., Burgum said Wednesday without naming the projects.

The offshore wind farms under construction are Revolution Wind off Rhode Island; Vineyard Wind 1 off Massachusetts; Coastal Virginia Offshore Wind; Sunrise Wind off New York; and Empire Wind also off New York.

“Yes, they were permitted but they got moved through a very fast ideologically-driven permitting process,” Burgum said at the conference in Italy.

Interior ordered Danish renewable energy company Orsted to halt construction of Revolution Wind on August 22, citing national security concerns. The project is fully permitted and 80% complete with billions of dollars invested, according to Orsted.

Energy Sec. Wright: Big demand for U.S. to displace Russian gas to Europe

Interior had issued a stop-work order for Empire Wind in April, but ultimately let the project resume construction in May after apparently striking a deal over new natural gas capacity.

Burgum told CNBC’s Brian Sullivan this week that the Trump administration is in discussions with Orsted and New England governors on Revolution Wind, though he wouldn’t say that the project might restart work.

“I can’t say for certain because some of these projects are a literal train wreck in terms of their economics,” Burgum told CNBC. “If we were to complete them then we’re just locking in billions and billions of taxpayer money which might be going to a hedge fund.”

Renewable energy executives told CNBC in August that the Trump administration’s attacks on solar and wind will lead to a power crunch that increases electricity prices.

(Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here.)



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

EU double standards on Russian LNG or economic reality?

September 11, 2025

Uranium market heats up on nuclear revival hopes

September 9, 2025

Cameco is a one-stop shop to play the nuclear power resurgence: CLSA

September 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Chevron submits bid for offshore gas exploration blocks in Greece

By omc_adminSeptember 11, 2025

(Reuters) – U.S. oil major Chevron has submitted a bid in partnership with Helleniq Energy…

Equinor explores combining renewables assets with Orsted

September 11, 2025

How TRIIBE Is Building a Future-Ready Generation of Changemakers

September 11, 2025

Baker Hughes wins contract to supply subsea, completion systems for Turkish gas field

September 11, 2025
Top Trending

EU to Provide €17.5 Billion Financing for Energy Efficiency, Decarbonization Projects for SMEs

By omc_adminSeptember 11, 2025

Spanish schools to teach pupils how to cope with climate crisis disasters | Spain

By omc_adminSeptember 11, 2025

Reform council to ‘rescind’ climate emergency declaration | Kent

By omc_adminSeptember 11, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20259 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

September 11, 2025

USA Crude Oil Stocks Rise by Almost 4 Million Barrels

September 11, 2025

Sapphire Raises $18 Million to Boost Manufacturing Capacity

September 11, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.