New York to "backfill" canceled offshore wind projects

If Ørsted, Equinor and BP withdraw from contracts after rejecting higher subsidies, the capacity must be quickly re-tendered - and with inflation-indexed contracts, according to authorities’ new plan.

by MAZ PLECHINGER

More than 5GW of offshore wind in New York is now in limbo.

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Ørsted CEO after NY rejection: Extremely challenged
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Another US offshore wind project buys out of supply agreement
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Iberdrola cancels another offshore wind farm project
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