Current:Home > InvestWhy offshore wind is facing headwinds -GrowthInsight
Why offshore wind is facing headwinds
PredictIQ View
Date:2025-04-10 04:19:55
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! (72)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Second suspect charged in Connecticut shootout that killed 2, including teenager, and wounded 2
- Uvalde mother whose daughter was killed in 2022 school shooting on the ballot for mayoral election
- Horoscopes Today, November 7, 2023
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- House censures Rep. Rashida Tlaib amid bipartisan backlash over Israel comments
- ‘Extraterrestrials’ return to Mexico’s congress as journalist presses case for ‘non-human beings’
- Sweden’s largest egg producer to cull all its chickens following recurrent salmonella outbreaks
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Chinese auto sales surged 10% year-on-year in October in fastest growth since May, exports up 50%
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Fantasy football buy low, sell high Week 10: 10 players to trade this week
- Children who survive shootings endure huge health obstacles and costs
- Three dog food brands recall packages due to salmonella contamination
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Why it may be better to skip raking your leaves
- Las Vegas tech firm works to combat illicit college sports betting: How much bigger do we get than a starting quarterback?
- Michael Strahan will not return to 'Good Morning America' this week amid 'personal family matters'
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Recently reinstated Martavis Bryant signing with Dallas Cowboys after workout
Say what? Florida Gov. Ron DeSantis honors transgender woman who leads diversity seminars.
South Carolina justice warns judicial diversity is needed in only state with all-male high court
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Biden-Xi meeting in San Francisco still on track but no major breakthroughs expected
More than 300 Americans have left Gaza in recent days, deputy national security adviser says
Nevada judge tosses teachers union-backed petition to put A’s stadium funding on 2024 ballot