This post updates the financial troubles of Denmark’s Ørsted, recent BOEM auctions, and pushback against Maryland governor Wes Moore. Today, operational offshore wind capacity is less than 50 megawatts versus the Biden-Harris Administration goal of 30,000 MW by 2030. Ørsted Denmark’s Ørsted, the worldwide leading offshore wind developer, recorded a $575 million loss in the second quarter. … Continue reading U.S. Offshore Wind: The Struggle Continues