politics
Duke Energy abandons plans for offshore wind farm under Trump administration pressure
American company Duke Energy has returned a federal license to lease a section of the sea off the coast of Brunswick County, North Carolina, and abandoned plans to build an offshore wind farm there in favor of nuclear power plants, gas power plants, and system modernization investments. Reuters reports on this.
TL;DR
- Duke Energy surrendered a federal lease for an offshore wind farm site in North Carolina.
- The company will prioritize nuclear power plants, gas power plants, and system modernization.
- This decision follows similar actions by TotalEnergies and is linked to the Trump administration's energy policies.
- Concerns over significant financial investments and the rising energy demand from AI data centers also contributed to the decision.
- North Carolina's General Assembly repealed a requirement for a 70% reduction in carbon emissions by 2030.