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Another U.S. Offshore Wind Power Contract Cancelled

Another U.S. Offshore Wind Power Contract Cancelled

January 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--While there will be more to come from Industrial Info about the turmoil that the U.S. offshore wind industry faces, the latest news from the sector is that BP (NYSE:BP) (London, England) and Equinor (NYSE:EQNR) (Stavanger, Norway) have terminated the contract with New York state for the power from the unbuilt Empire 2 offshore wind project, making the project's future more uncertain.

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