Now Trump's war on wind targets huge Iberdrola project
Spanish giant's New England Wind latest planned victim of president's vendetta against sector
Donald Trump’s war on wind has another victim in its sights – Iberdrola’s 2.6GW New England Wind – as the US seeks to derail another fully consented offshore project.
Government lawyers said the Department of Interior (DoI) will by 10 October move to vacate federal approvals for New England Wind, which is under development by the Spanish giant’s Avangrid subsidiary off Massachusetts.
New England Wind in the Massachusetts wind energy area (WEA) has all federal permits in hand as well as an offtake offer for a first 791MW for New England Wind 1 project awarded by the state last September. It has so far not signed a power deal due to Trump-induced uncertainty.
News of the planned annulment is the latest move in the Trump administration’s astonishing attack on the wind sector, especially at sea, which has caused chaos for major foreign investors that rushed to develop a planned first wave of projects.
Iberdrola has so far not commented on the US government’s specific statement but apparently had been braced for New England Wind, consented under the Biden administration, to face Trump’s wrath.
The project's total value would be around $14.6bn, according to estimates from analyst BloombergNEF.
New England 1 was in theory due to be in operation by 2029 to help Massachusetts meet clean power goals that have been thrown into disarray by federal animosity to the sector.