Cancelled Culture: Abandoned and Delayed Offshore Wind Projects Now Account for 300 GW

MSI7 July 20251 Minute

Western markets continue to suffer from a lack of positive signals in the short- term relying heavily on the success of upcoming auction rounds as they strive for net-zero targets, while China market creates a stable platform for investment says MSI. Total project cancellations, suspensions and delays in the offshore wind market have hit 300 GW as a combination of politics and economics take their toll on planned installations in the US and Europe according to new data published by MSI. Read more at North American Clean Energy.

Cancelled Culture: Abandoned and Delayed Offshore Wind Projects Now Account for 300 GW | MSI Blog