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2d ago

U.S. Halts Ørsted’s Nearly Finished Revolution Wind Project on National-Security Grounds

Officials cited unspecified security concerns after years of interagency review.

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FILE - Wind turbines of South Fork Wind are seen off the coast of Block Island, R.I., Oct. 9, 2024. (AP Photo/Seth Wenig, File)
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A white wind turbine stands in the middle of the ocean

Overview

  • BOEM issued an immediate stop-work order for the offshore project near Rhode Island, pausing construction at roughly 80% completion with 45 of 65 turbines installed.
  • The 704-megawatt wind farm is designed to supply electricity to roughly 350,000 households in Rhode Island and Connecticut.
  • Ørsted said it is evaluating all options, including possible legal action, as its shares fell up to 18% and a planned multibillion-dollar equity raise faces new pressure.
  • ISO New England warned that delaying the project heightens near-term reliability risks for the regional grid following recent demand spikes.
  • Governors, members of Congress, and labor leaders vowed to fight the order, citing more than 2,500 U.S. jobs at risk, as broader legal and political battles over offshore wind restrictions continue.