Current:Home > StocksWhy offshore wind is facing headwinds -ProsperityStream Academy
Why offshore wind is facing headwinds
View
Date:2025-04-12 04:02:21
The Gulf of Mexico saw its first-ever auction of leases for offshore wind this summer. It was another sign of the Biden administration's desire to get more renewable energy online as fast as possible. Expectations were high for the sale with over a dozen companies expressing interest. But two of the three patches of sea didn't get any bids at all.
Today, we look at one clean energy experiment and see what choke points remain for offshore wind.
Related Episodes
A Man, a plan, wind power, Uruguay (Spotify/Apple)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (3415)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Katy Perry and Orlando Bloom's PDA-Filled 2024 MTV VMAs Moments Will Have You Feeling Wide Awake
- Lilly Pulitzer Sunshine Sale Extended for 1 More Day With 70% Off Deals
- Pac-12 to add Boise St., Fresno St., San Diego St., Colorado St. in 2026, poaching Mountain West
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Webcam captures its own fiery demise from spread of Airport Fire: See timelapse footage
- Man accused in assault that critically wounded Ferguson officer now faces more charges
- Why Olivia Rodrigo Skipped the 2024 MTV VMAs
- This was the average Social Security benefit in 2004, and here's what it is now
- Billionaire steps out of SpaceX capsule for first private spacewalk hundreds of miles above Earth
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Remains found in car in Illinois river identified as 2 men who vanished in 1976, coroner says
- Pac-12 to add Boise St., Fresno St., San Diego St., Colorado St. in 2026, poaching Mountain West
- With Florida football's struggles near breaking point, can DJ Lagway save Billy Napier's job?
- Sam Taylor
- 2024 VMAs: Katy Perry Debuts Must-See QR Code Back Tattoo on Red Carpet
- Remains found in car in Illinois river identified as 2 men who vanished in 1976, coroner says
- Boeing factory workers are voting whether to strike and shut down aircraft production
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Raging western wildfires are causing unhealthy air quality in Nevada, Arizona, California
Mom, brother, grandfather and caregivers are charged with starving 7-year-old disabled boy to death
UAW’s rift with Stellantis raises fear that some US auto jobs could vanish
A White House order claims to end 'censorship.' What does that mean?
Harvey Weinstein indicted on additional sex crimes charges ahead of New York retrial
Minnesota man sentenced to 30 years for shooting death of transgender woman
Judge rejects innocence claim of Marcellus Williams, Missouri inmate facing execution