DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Trump Administration Halts Offshore Wind Projects
Trump Administration Halts Offshore Wind Projects

Trump Administration Halts Offshore Wind Projects

Update: 2025-12-23
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Equinors Empire Wind one project halted by Trump administrations stop-work order, citing national security concerns. The project, 60% complete, was set to generate 810 megawatts of power. Interior Secretary Doug Burgum praised the move, calling wind farms expensive and heavily subsidized. The suspension could lead to significant losses for Equinor and the South Brooklyn Marine Terminal. This move aligns with the Trump administrations pattern of targeting offshore wind projects, as seen with the Revolution Wind project off Rhode Island. Developers are assessing the impact, raising questions about the future of offshore wind in the U.S. as natural gas gains prominence.

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Trump Administration Halts Offshore Wind Projects

Trump Administration Halts Offshore Wind Projects