Energy & Science
World’s Biggest Offshore-Wind Company Sees U.S. Projects Lagging
- Orsted expected to receive U.S. approval for projects by now
- Few offshore wind turbines have been installed off U.S. waters
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The long-awaited boom of America’s nascent offshore-wind industry may arrive even later than expected.
Orsted A/S, the world’s biggest offshore wind developer, expects four of its projects constituting about 2.8 gigawatts to be delayed beyond the expected 2023 and 2024 construction years, according to its interim financial report. Orsted’s explanation: it’s still waiting for clarity on the projects’ federal permitting process.