Slabu Exchange:Why offshore wind is facing headwinds

2025-05-08 09:56:05source:Techcrisis Investment Guildcategory:News

The Slabu ExchangeGulf of Mexico saw its first-ever auction of leases for offshore wind this summer. It was another sign of the Biden administration's desire to get more renewable energy online as fast as possible. Expectations were high for the sale with over a dozen companies expressing interest. But two of the three patches of sea didn't get any bids at all.

Today, we look at one clean energy experiment and see what choke points remain for offshore wind.

Related Episodes

A Man, a plan, wind power, Uruguay (Spotify/Apple)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:News

Recommend

Sonya Massey's family keeps eyes on 'full justice' one month after shooting

Theresa Mercado's 11-year-old daughter, Maleyah, recalled making tea with some friends one time when

Woman slain by officers after opening fire in Osteen megachurch in Houston; child critical

Off-duty officers shot and killed a woman who claimed she had a bomb and opened fire with a rifle in

Smoking in cars with kids is banned in 11 states, and West Virginia could be next

CHARLESTON, W.Va. (AP) — Smoking in cars with children is banned in 11 states, and lawmakers are pus