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US Offshore Wind Industry Faces Rising Costs and Regulatory Headwinds: BNEF

The inflation and supply chain woes have amplified the financing costs for these projects

August 4, 2023

/ Gautamee Hazarika
/ Markets & Policy, Wind,
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The U.S. offshore wind industry is facing a host of challenges, with rising costs, permitting delays, and grid connection hurdles, all contributing to low returns for developers, according to a recent report by BloombergNEF (BNEF).

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Gautamee Hazarika

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BNEFfinancing challengesofftake agreementsrising costsWind Industry
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