Costs for US offshore wind projects are rising

Early political enthusiasm in New England for offshore wind power is encountering economic challenges in the sector

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In this article

  • Early appeal
  • Reduced opposition
  • Higher energy production
  • Closer to population centers
  • New jobs for declining port cities
  • Politically desirable, economically problematic
  • Rebidding option
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.