Australian offshore wind projects buffeted by global 'headwinds'

Australian offshore wind projects buffeted by global 'headwinds'

International energy companies reconsider their investments in Australian offshore wind projects as the Trump administration's disruption of the industry causes global uncertainty.

Wind companies cool their interest in Australian offshore

When Donald Trump intervened to stop construction on a multi-billion-dollar wind farm off the coast of New York, the decision reverberated around the world. On the back of an executive order in January stopping all new offshore wind projects and reviewing Biden-era approvals, it was a clear signal to the industry. The halt-work order on the Empire Wind project was eventually overturned, but the delay cost Norwegian energy giant Equinor millions.…