New York Wind Farm Deal Scrapped, but Project Might Not Be Completely Dead

Challenging economic circumstances have reportedly led to another major offshore wind power project to be scrapped.
New York Wind Farm Deal Scrapped, but Project Might Not Be Completely Dead
New York City, USA, March 15, 2020 Sergii Figurnyi/Shutterstock
Stephen Katte
Updated:

Plans to provide offshore wind power to New York City through the Empire Wind 2 project have been scrapped due to challenging “economic circumstances,” however, a company executive has hinted the project might not be completely dead.

A joint venture between Norwegian state-owned multinational energy company Equinor and British multinational oil and gas company BP, Empire Wind 1 and Empire Wind 2 were approved in November last year. Combined, they were expected to have a total capacity of 2,076 megawatts, enough to power 700,000 homes per year.

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