Current:Home > InvestWhy offshore wind is facing headwinds -ThriveEdge Finance
Why offshore wind is facing headwinds
View
Date:2025-04-27 22:50:55
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! (436)
Related
- Tom Holland's New Venture Revealed
- AP Was There: Ohio National Guard killed protesters at Kent State University
- Drake, Kendrick Lamar diss tracks escalate with 'Meet the Grahams' and 'Family Matters'
- Beyoncé collaborators Willie Jones, Shaboozey and the conflict of being Black in country music
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Massachusetts detective searches gunshot residue testing website 11 days before his wife is shot dead
- What do cicadas sound like? These noisy insects might be in your state this year
- 2024 NBA playoffs: Second-round scores, schedule, times, TV, key stats, who to watch
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- $400 million boost in federal funds for security at places of worship
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Shooting suspect dies following police standoff that closed I-80 in Bay Area Friday
- Sierra Nevada records snowiest day of the season from brief but potent California storm
- Alabama Supreme Court declines to revisit controversial frozen embryo ruling
- Trump wants to turn the clock on daylight saving time
- Colorado dentist accused of killing wife with poison tried to plant letters to make it look like she was suicidal, police say
- Travis Kelce in attendance at 2024 Kentucky Derby at Churchill Downs
- Wayfair Way Day 2024: The Best Kitchen Gadget and Large Appliance Deals
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Senate races are roiled by campus protests over the war in Gaza as campaign rhetoric sharpens
This week on Sunday Morning (May 5)
Jury foreperson in New Hampshire youth center abuse trial ‘devastated’ that award could be slashed
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Bruins' David Pastrnak beats Maple Leafs in OT of Game 7 after being challenged by coach
A group of Republicans has united to defend the legitimacy of US elections and those who run them
Padres make move to improve offense, acquiring batting champ Luis Arraez in trade with Marlins