TotalEnergies halts planned New York offshore wind farm, cites Trump win as reason
Nov. 27, 2024
CEO Patrick Pouyanne indicates that the Attentive Energy project could be revived in four years.
TotalEnergies has reportedly paused development of the Attentive Energy wind farm it planned to build off the coast of New York and New Jersey, CEO Patrick Pouyanne said Tuesday at an energy industry conference in London.
“I have decided to put the project on pause,” TotalEnergies’ CEO Patrick Pouyanne said at the Energy Intelligence Forum, according to reports from Bloomberg and Reuters.
The decision is one of the first tangible signs of a halt in investment in renewable power sources due to the anticipated policies of the incoming Trump administration. Trump has vowed to stop offshore wind energy development “on day one” of his next term starting in January 2025.
TotalEnergies could revive the project if a more environmentally friendly US president takes office in the future, Pouyanne said. The company won the rights to develop the area in a 2022 auction.
https://www.offshore-mag.com/renewable-energy/news/55246370/totalenergies-totalenergies-halts-planned-new-york-offshore-wind-farm-cites-trump-win-as-reason?o_eid=2438G1845512E3G&oly_enc_id=2438G1845512E3G&rdx.ident[pull]=omeda|2438G1845512E3G&utm_campaign=CPS241202202&utm_medium=email&utm_source=OFF+Renewable+Energy
