The offshore wind energy sector has remained in flux since the inauguration of Donald Trump and his new administration which has paused the efforts of the Biden administration and seems poised to abandon future projects. This week, BP Renewables became the latest to stall one of its projects in the U.S. pipeline while others continue to show signs of retrenching and shifting to a longer-term focus.
BP in a filing with the New York Public Service Commission withdrew its application for the transmission system associated with its Beacon Wind project which would provide a total of 2.4 GW in a two-phase development. The company had previously asked the PSC to delay consideration of its application for up to one year.
The first phase of Beacon Wind already has its power offtake agreement in place with New York State. They were expected to participate in a future solicitation for the second phase.
The company in a statement…
