Norway has agreed to compensate the Sami people over a wind farm project. The decision on the £600 million Sunnica Energy Farm has been delayed until April. Plans to support renewable energy in the UK's budget may not revive the offshore wind industry. A large floating offshore wind project will be combined with a sustainable fish farm. The US offshore wind industry faces questions on cost and recovery, with recent awards leading to increased costs for ratepayers. Norway has offered $193 million in funding for an Arctic floating wind farm project, with Virginia potentially earning nearly $5 billion from a 3.5 GW offshore wind farm.
Virginia could make almost $5B from this 3.5 GW offshore wind farm https://t.co/CvjK4I3NRA by @michelle0728
Norway offers $193 million funding to Arctic floating wind farm project https://t.co/Jk4XIVRZry https://t.co/WPhEf6jM3Z
Norway offers US$193-million in state funding for Arctic floating wind farm project https://t.co/TyVc4BSfMh
#Norway offers $193 million funding to Arctic floating wind farm project https://t.co/yQHDU2azoi
Norway offers $193 mln funding to Arctic floating wind farm project https://t.co/Yjg9Fuuq7j https://t.co/KMkNMpHB1g
"Big questions include how much US offshore wind will cost and how quickly the industry will recover. Last week’s awards show the bill impact for Empire Wind 1 and Sunrise Wind will now cost ratepayers more than double, from $0.73 per month to about $2" 👀 https://t.co/DXcv5b23CZ https://t.co/dHQ8MTw3K6
This huge floating offshore wind project will marry up with a sustainable fish farm https://t.co/6wUz38Cb8a by @michelle0728
Plans to support renewable energy announced in yesterday's budget are unlikely to get the UK's offshore wind back on track, the industry has warned. Read more 🔗 https://t.co/Yxps6CNE0N
Decision on £600m Sunnica Energy Farm delayed until April https://t.co/VAdzX6b5FU
Norway agrees to compensate Sami over wind farm https://t.co/mnRpc5jhva https://t.co/Or5e1y54UZ