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Duke gives up offshore wind lease for ‘partial’ reimbursement under Interior deal
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 projects that may include new nuclear, natural gas and grid enhancements.
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rechargenews.com
Another US offshore wind developer falls as Trump buyouts shrink pipeline
North Carolina's Duke Energy's agreement raises the number of leases up for cancellation to nine, with $2.6bn in refunds committed by the administration
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utilitydive.com
Duke gives up offshore wind lease for ‘partial’ reimbursement under Interior deal
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…
