• Re: Energy developer delivers major blow to blue state's climate agenda

    From Screw your Battery Electric Vehicle@21:1/5 to All on Sat Jan 27 22:40:54 2024
    XPost: alt.fan.states.maryland, alt.energy.homepower, talk.politics.guns
    XPost: alt.fan.rush-limbaugh

    On 16 Feb 2022, Mike Flannigan <mflannigan@jam.rr.com> posted some news:suk3fn$1ckgp$108@news.freedyn.de:

    Another Obama climatist failure. Obama is the biggest failure ever.

    Multinational energy developer Orsted unexpectedly withdrew from
    agreements with the State of Maryland to develop two offshore wind
    projects, citing worsening economic conditions.

    Orsted announced that it had pulled out of orders which the Maryland
    Public Service Commission (PSC) issued years ago greenlighting the
    so-called Skipjack Wind 1 and Skipjack Wind 2 projects, and selecting
    the projects for a 20-year Offshore Renewable Energy Credit (OREC).
    Maryland Democrats repeatedly pointed to the Skipjack Wind development
    as a key part of the state's aggressive decarbonization agenda.

    "Today’s announcement affirms our commitment to developing value
    creating projects and represents an opportunity to reposition Skipjack
    Wind, located in a strategically valuable federal lease area and with a
    state that is highly supportive of offshore wind, for future offtake opportunities," David Hardy, Orsted's group executive vice president and
    CEO of its Americas division, said Thursday in a statement.

    "As we explore the best path forward for Skipjack Wind, we anticipate
    several opportunities and will evaluate each as it becomes available,"
    he continued.

    https://www.msn.com/en-us/money/markets/energy-developer-delivers-major- blow-to-blue-states-climate-agenda-by-canceling-offshore-wind- contracts/ar-BB1hl9Gw

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