"America's offshore wind resources are big enough to produce more electricity than the nation currently consumes." New US offshore wind project with enough energy to power 840,000 homes is approved: 'A greener and healthier future' first appeared on The Cool Down.

BALTIMORE -- An executive order issued by President Trump could threaten an offshore wind project in Maryland. The measure put a temporary halt on new federal leases, permits and loans for both offshore and onshore wind development projects until his administration conducts an environmental and economic review.

Maine’s formal interest in developing ocean wind energy dates back to 2008, when former Gov. John Baldacci created an Ocean Energy Task Force to devise a strategy.

The Japanese government on Wednesday announced a revision of its rules for offshore wind power auctions as the sector globally grapples with delays and soaring expenses driven by tight supply chains and inflation.

The president’s order has no immediate effect on offshore wind leases already authorized, including two large areas off California’s coast. But it sends a current of uncertainty through the fledgling renewable energy industry,

Long a non-functioning market with a much criticised ‘open door’ approach to development, Sweden’s offshore wind regime needs reform – and reform may be coming

“We are proud to announce [Bureau of Ocean Energy Management’s] final approval of the SouthCoast Wind project, the nation’s eleventh commercial-scale offshore wind energy project, which will power more than 840,000 homes,” Elizabeth Klein, director of BOEM, said in a statement.

News circulated last week that Trump had tapped New Jersey Congressman Jeff Van Drew, a Republican who’s frequently criticized projects proposed off the coast of his state, to draft an executive order on offshore wind. Industry observers said it may include a moratorium on all development.

U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, pending an environmental and economic review. On the same day, Danish energy company Orsted,

Maine, meanwhile, is mired in a long-running debate over where to develop an offshore wind port — Mack Point, an existing industrial port in Searsport, or adjacent Sears Island, an undeveloped state-owned island linked by a causeway.

"We're not going to do the wind thing," Trump said during an event after his inauguration. A White House press release earlier in the day said Trump intended to end new leasing for "massive wind farms.

Inch Cape offshore wind farm, a joint venture between ESB and Red Rock Renewables, has reached financial close by securing £3.5bn ($4.3bn).