Overview
- BOEM ordered construction to stop Friday on the 704‑megawatt Revolution Wind project off Rhode Island, an installation Ørsted says is about 80% complete with 45 of 65 turbines and was slated to power roughly 350,000 homes.
- The administration cited unspecified national security concerns for the halt, as well as prevention of interference with other ocean uses, without providing public details.
- ISO New England warned Monday that delaying the project will increase risks to reliability and hamper regional economic growth following recent high-demand periods.
- Ørsted shares fell to an all‑time low after the order; the company said it is evaluating all options, including potential legal action, while state leaders and unions in Rhode Island and Connecticut press to reverse the decision affecting more than 2,500 U.S. jobs.
- Separately, Interior told a federal court it intends to remand and vacate approvals for US Wind’s Maryland Offshore Wind Project, which the Biden administration had cleared and said could power over 718,000 homes, with a reevaluation expected by mid‑September.