Overview

• The Empire Wind 1 project off Long Island, a key part of New York's clean energy goals, was halted by the Interior Department for a permit review ordered by President Trump.
• New York City Mayor Eric Adams has appealed directly to President Trump to reinstate the project, emphasizing its potential to power 500,000 homes and create over 1,000 jobs.
• Developers like Equinor and investors such as RWE have suspended U.S. offshore wind activities, citing political and regulatory unpredictability under the Trump administration.
• The suspension highlights broader challenges for the U.S. offshore wind sector, including cost overruns, supply chain issues, and debates over subsidies and ratepayer impacts.
• The halt has raised concerns among clean energy advocates and investors about the reliability of federal approvals and the future of renewable energy projects in the U.S.