Current:Home > InvestWhy offshore wind is facing headwinds -Ascend Wealth Education
Why offshore wind is facing headwinds
View
Date:2025-04-17 06:09:16
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! (96366)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Olivia Munn Details Medically Induced Menopause After “Terrifying” Breast Cancer Journey
- Video shows car flying through the air before it crashes into California home
- Riley Strain's Family Addresses Fraternity Brothers' Reaction to Him Going Missing
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Taylor Swift announces 'Tortured Poets' music video and highlights 2 o'clock
- How many ballerinas can dance on tiptoes in one place? A world record 353 at New York’s Plaza Hotel
- Democrats who investigated Trump say they expect to face arrest, retaliation if he wins presidency
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Introduction to GalaxyCoin
Ranking
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs
- US court rejects a request by tribes to block $10B energy transmission project in Arizona
- Zendaya Teases Her 2024 Met Gala Appearance and We’re Ready for the Greatest Show
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Noisy Starbucks? Coffee chain unveils plans to dim cacophony in some stores
- Ford recalls over 450,000 vehicles in US for issue that could affect battery, NHTSA says
- Minnesota toddler dies after fall from South Dakota hotel window
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Matthew Perry hailed for '17 Again' comedy chops: 'He'd figure out a scene down to the atoms'
Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs
Trevor Bauer accuser charged with felony fraud after she said pitcher got her pregnant
In ‘Nickel Boys,’ striving for a new way to see
David Beckham Celebrates Wife Victoria Beckham’s Birthday With Never-Before-Seen Family Footage
Carjacking suspects tied to 2 Florida killings on the run, considered armed and dangerous by authorities
Elephant named Viola escapes circus, takes walk through bustling Montana street