DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Beacon Wind Project Abandoned: Blow to US Offshore Wind
Beacon Wind Project Abandoned: Blow to US Offshore Wind

Beacon Wind Project Abandoned: Blow to US Offshore Wind

Update: 2025-10-22
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Massive Blow to US Green Energy: BP and JERA pull the plug on their giant Beacon Wind project, a 2.5 gigawatt offshore wind farm slated to power a million homes. Skyrocketing costs, inflation, and shifting federal policies killed the project, leading to job losses and renewed doubts about America's offshore wind future. Are policy changes needed to revive stalled renewable energy projects?

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Beacon Wind Project Abandoned: Blow to US Offshore Wind

Beacon Wind Project Abandoned: Blow to US Offshore Wind