We're turning the tide on offshore wind in New York
Alarming weather patterns, damaging coastal flooding, thickening smoke-filled skies, and fluctuating energy costs are clear reminders we must stay steadfast in our transition to clean energy, including offshore wind. But, a perfect storm creating financial turbulence — interest rate hikes, supply chain bottlenecks, inflation — has acutely hit the capital-intensive offshore wind industry, raising concerns that this clean energy future may be out of reach.
Rest assured — the offshore wind industry is committed to New York for the long haul.