Current:Home > MarketsWhy offshore wind is facing headwinds -Elevate Capital Network
Why offshore wind is facing headwinds
View
Date:2025-04-15 18:30:03
The Gulf of Mexico saw its first-ever auction of leases for offshore wind this summer. It was another sign of the Biden administration's desire to get more renewable energy online as fast as possible. Expectations were high for the sale with over a dozen companies expressing interest. But two of the three patches of sea didn't get any bids at all.
Today, we look at one clean energy experiment and see what choke points remain for offshore wind.
Related Episodes
A Man, a plan, wind power, Uruguay (Spotify/Apple)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (657)
Related
- Plunge Into These Olympic Artistic Swimmers’ Hair and Makeup Secrets
- Russian drone debris downed power lines near a Ukraine nuclear plant. A new winter barrage is likely
- Chicago father convicted of attempted murder in shootings to avenge 2015 slaying of 9-year-old son
- Weekly applications for US jobless benefits tick up slightly
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Australian police charge 7 with laundering hundreds of millions for Chinese crime syndicate
- Europe’s central bank is set to halt rate hikes as the Mideast war casts a shadow over the economy
- Rocker Bret Michaels adopts dog named after him, dog considered hero for saving cat's life
- Intel's stock did something it hasn't done since 2022
- With Victor Wembanyama's debut comes the dawn of a different kind of NBA big man
Ranking
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Falcons coach Arthur Smith shrugs off NFL inquiry into Bijan Robinson not being on injury report
- Australian police charge 7 with laundering hundreds of millions for Chinese crime syndicate
- Southern Indiana man gets 240 years for 2 murders, attempted murder and robbery
- Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
- New US House speaker tried to help overturn the 2020 election, raising concerns about the next one
- Billions for life-saving AIDS program need to continue, George W. Bush Institute tells Congress
- Dusty Baker tells newspaper he is retiring as manager of the Houston Astros
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Israeli troops launch brief ground raid into Gaza ahead of expected wider incursion
American man indicted on murder charges over an attack on 2 US tourists near a German castle
Clarence Thomas loan for luxury RV was forgiven, Senate Democrats say
Billy Bean was an LGBTQ advocate and one of baseball's great heroes
Israeli forces ramp up urban warfare training ahead of looming Gaza ground invasion
2023 MLS Cup Playoffs: Live stream, new format, game times and dates, odds, how to watch
J.J. Watt doesn't approve Tennessee Titans wearing Houston Oilers throwbacks