Overview

• The Trump administration ordered a halt to construction of the Empire Wind Project off Long Island, citing a need to review permits approved under the Biden administration.
• Equinor's project, which was over 30% complete, was designed to power up to 500,000 homes and create more than 1,000 jobs, but now faces uncertainty.
• New York City Mayor Eric Adams and Governor Kathy Hochul are lobbying for the project's revival and exploring legal actions to challenge the federal decision.
• German energy giant RWE has suspended all U.S. offshore wind activities, citing regulatory instability and rising risks under current federal policies.
• Critics have raised concerns about the project's high costs, with analyses suggesting New Yorkers could pay 2.5 times the market rate for its electricity, leading to a projected $9 billion subsidy.