Offshore
Market Intelligence

Rough Seas off the East Coast: the challenges of U.S. offshore wind and how they are being met face on

Ørsted’s cancelation of the Ocean Wind 1 and 2 projects off the East Coast thrust the U.S. market into the spotlight. With these two projects and many others, all impacted by rising costs and supply chain challenges, Spinergie analyst Yvan Gelbart examines the current situation, future repercussions, and the strategies and initiatives that ensure some projects are still successful.

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Introduction

Ørsted’s cancelation of the Ocean Wind 1 and 2 projects off the East Coast thrust the U.S. market into the spotlight. With these two projects and many others, all impacted by rising costs and supply chain challenges, Spinergie analyst Yvan Gelbart examines the current situation, future repercussions, and the strategies and initiatives that ensure some projects are still successful.

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