First to Fall?
TotalEnergies Pausing Attentive Energy Offshore Project
๐๐๐๐ฉ ๐๐๐ช๐๐๐ฉ ๐ข๐ฎ ๐๐ฉ๐ฉ๐๐ฃ๐ฉ๐๐ค๐ฃ? TotalEnergies is reportedly pausing the Attentive Energy offshore wind project off the coast of New York.
๐๐๐ฎ ๐๐ฉ ๐ข๐๐ฉ๐ฉ๐๐ง๐จ? Trumpโs victory has raised questions about which incentives for renewables and other โenergy transitionโ technologies might be at risk under the new administration. The โpausingโ of the Attentive project illustrates the chilling effect this uncertainty can have on investment, even before the new administration takes office.
๐ฟ๐๐ฉ๐๐๐ก๐จ:
โขย ย Offshore wind has been a top target for Trump. He has described offshore wind projects as โhorrible, the most expensive energy there isโฆ They ruin the environment, they kill the birds, they kill the whalesโ and told voters โwe are going to make sure that that ends on Day 1โ in a speech.
โข Patrick Pouyanne was quoted โI decided to put the project on pause, because all the offshore wind projects are in Democratic states ... we'll see better in four yearsโ
โข The Attentive Energy project is a offshore wind project in New York state and a joint venture between TotalEnergies, Rise Light & Power, and Corio Generation. Phase 1 was planned to be 1,400, with the project ultimately producing as much as 3,000 MW.
๐๐๐ฃ๐ ๐จ: