Current:Home > InvestWhy offshore wind is facing headwinds -Wealth Empowerment Academy
Why offshore wind is facing headwinds
View
Date:2025-04-24 03:02:54
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! (84142)
Related
- Global Warming Set the Stage for Los Angeles Fires
- SEC, Big Ten showdowns headline the seven biggest games of Week 11 in college football
- Columbia University suspends pro-Palestinian and Jewish student clubs
- Israeli national team arrives in Kosovo for soccer game under tight security measures
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Taylor Swift reschedules Argentina show due to weather: 'Never going to endanger my fans'
- NFL MVP surprise? Tyreek Hill could pull unique feat – but don't count on him outracing QBs
- Which stores are open and closed Thanksgiving 2023? See Target, Walmart, Costco holiday hours
- Why members of two of EPA's influential science advisory committees were let go
- Arab American comic Dina Hashem has a debut special — but the timing is 'tricky'
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Hidden demon face lurking in 1789 painting uncovered by restorers
- John Stamos talks joining the Beach Boys and being SO. HANDSOME.
- New Moschino creative director dies of sudden illness just days after joining Milan-based brand
- Meta donates $1 million to Trump’s inauguration fund
- Ranking all 32 NFL teams from most to least entertaining: Who's fun at midseason?
- Barbra Streisand says she's not a diva - she's a director
- Teachers in a Massachusetts town are striking over pay. Classes are cancelled for 5,500 students
Recommendation
Bodycam footage shows high
Australian Mom Dies After Taking Ozempic to Lose Weight for Daughter's Wedding
Suspected Islamic extremists holding about 30 ethnic Dogon men hostage after bus raid, leader says
A Virginia high school football team won a playoff game 104-0. That's not a typo.
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Anchorage adds to record homeless death total as major winter storm drops more than 2 feet of snow
Lyrics can be used as evidence during Young Thug's trial on gang and racketeering charges
The 4-day workweek: How one Ohio manufacturer is making it work