This podcast episode explores the complexities and challenges faced by the offshore wind industry, particularly in the northeastern part of the grid. It discusses the importance of offshore wind in decarbonization efforts, but also highlights setbacks such as project cancellations, regulatory opposition, and supply chain risks. The episode emphasizes the need for collaboration between the private sector, states, and the federal government to overcome these challenges. The conversation also touches on the financing and permitting processes, as well as the impact of macro factors and policy risks on the industry. Despite the difficulties, there is optimism for the future of offshore wind and its potential to contribute to green energy.
