Current:Home > StocksWhy offshore wind is facing headwinds -CapitalWay
Why offshore wind is facing headwinds
View
Date:2025-04-14 16:46:29
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! (82179)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Trump-appointed federal judge rules Tennessee law restricting drag shows is unconstitutional
- Today’s Climate: May 3, 2010
- Scotland becomes the first country to offer tampons and pads for free, officials say
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Democrat Charlie Crist to face Ron DeSantis in Florida race for governor
- ‘People Are Dying’: Puerto Rico Faces Daunting Humanitarian Crisis
- Once-Rare Flooding Could Hit NYC Every 5 Years with Climate Change, Study Warns
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Hunger Games' Alexander Ludwig Welcomes Baby With Wife Lauren
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Fracking Study Ties Water Contamination to Surface Spills
- 44 Mother's Day Gifts from Celebrity Brands: SKIMS, Rare Beauty, Fenty Beauty, Beis, Honest, and More
- The Most Powerful Evidence Climate Scientists Have of Global Warming
- A White House order claims to end 'censorship.' What does that mean?
- 10 Senators Call for Investigation into EPA Pushing Scientists Off Advisory Boards
- How realistic are the post-Roe abortion workarounds that are filling social media?
- Whistleblower Quits with Scathing Letter Over Trump Interior Dept. Leadership
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Bachelor Nation's Peter Weber Confirms Kelley Flanagan Break Up Less Than a Year After Reuniting
Poisoned cheesecake used as a weapon in an attempted murder a first for NY investigators
Young adults are using marijuana and hallucinogens at the highest rates on record
The Super Bowl could end in a 'three
Military jets scrambled due to unresponsive small plane over Washington that then crashed in Virginia
This Self-Tan Applicator Makes It Easy To Get Hard To Reach Spots and It’s on Sale for $6
Nurses in Puerto Rico See First-Hand Health Crisis from Climate Disasters