Retrenchment in U.S. Offshore Wind Opens Opportunities

At a recent Offshore Wind Power Conference, Joshua Gange, renewable energy program specialist with the Bureau of Ocean Energy Management, said "We have to focus on the onshore infrastructure first. [...]that is before any offshore wind power is added. [...]some project developers are investing...

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Bibliographic Details
Published inMergers and Acquisitions Vol. 59; no. 1; pp. 38 - 39
Main Author Morris, Gregory D L
Format Trade Publication Article
LanguageEnglish
Published Wilton Middle Market Information LLC 01.01.2024
Subjects
Alternative energy sources
Capital expenditures
Energy industry
Institutional investments
Manufacturers
Manufacturing
Offshore
Renewable resources
Subsidies
Supply chains
Wind power
United Kingdom > UK
United States > US
England
Virginia
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Summary:At a recent Offshore Wind Power Conference, Joshua Gange, renewable energy program specialist with the Bureau of Ocean Energy Management, said "We have to focus on the onshore infrastructure first. [...]that is before any offshore wind power is added. [...]some project developers are investing in manufacturing themselves. To create the infrastructure that will be necessary to meet greenhouse gas goals by 2050, the world will need to produce as much copper in the next 25 years as has been produced in all of human history, according to John Bradford, professor of geophysics and vice president for global initiatives at the Colorado School of Mines.
ISSN:0026-0010