CleanTechnica•17 days ago
Duke Energy Latest Company to Accept Trump’s Dirty “Deal” to Scrap Offshore Wind
- •Duke Energy accepted $129 million from the federal government to terminate an offshore wind lease, marking a trend of federal buyouts of renewable energy projects.
- •This action, initiated by Trump's Department of the Interior, is facing legal challenges from Northeast states and California, indicating significant policy and regulatory conflict.
- •For developers and large power consumers, this signals increased policy uncertainty and potential investment risk in offshore wind, impacting future clean energy supply and grid decarbonization efforts.
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