Will energy industry end up swallowing higher prices for its big Bight of US offshore wind?

The federal auction for offshore wind acreage in the New York Bight stunned industry observers with its $4.37bn in bids and fuelled confidence in the rising sector, but some observers worry 'the price of offshore wind just went up', writes Tim Ferry

Joe Biden.
Joe Biden.Foto: GPA Photo Archive/White House / Adam Schultz https://creativecommons.org/publicdomain/mark/1.0/
Published 18 March 2022, 14:27Updated 17 October 2023, 04:36