An article from
A Duke Energy subsidiary paid $155 million for the lease in 2022, saying it could support up to 1.6 GW of capacity. The utility now says it will “refocus” nearly $129 million to other projects.
Published June 30, 2026
Interior Secretary Doug Burgum listens as President Donald Trump speaks during a proclamation signing ceremony in the Oval Office on June 11, 2026, in Washington, D.C. In a June 29 release from the U.S. Department of the Interior, Burgum reiterated his position that offshore wind farms pose national security risks.
Alex Wong via Getty Images
