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On February 28, the US and Israel launched new attacks on Iran targeting primarily the country's leadership, security forces, and missile program.
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Since the US-Israeli bombing campaign began in Iran, energy markets around the world have been on edge as the conflict threatens immediate and long-term energy supplies. We’ve seen...
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The offshore wind energy industry is on the cusp of breaking out in the U.S., with the government anticipating 2,000 turbines with 22 gigawatts of capacity in federal waters in the Atlantic Ocean over 10 years.
In this episode of Columbia Energy Exchange, host Bill Loveless is joined by Thomas Brostrøm, whose company is a leader in the industry around the world. Thomas is the president of Ørsted North America and CEO for Ørsted U.S. Offshore Wind. He joined Bill from Boston to talk about plans that Ørsted Energy has to build wind farms in waters up and down the U.S. East Coast.
All told, Ørsted has 10 offshore wind farms in the U.S., including ones in Rhode Island and Virginia that are the first to operate in this country.
Throughout the world, Ørsted has built more offshore wind farms than any other developer. By 2022, it expects to expand its offshore wind capacity to nearly 10 gigawatts, with projects in the U.S., Europe and Asia.
This from a business once known as Danish Oil and Gas Company. Thomas and Bill talk about the transition that Ørsted has undergone in recent years and whether it serves as a model for other fossil fuel companies looking to move into greener forms of energy.
They also look at the policy and economic factors promoting investments in U.S. offshore wind by Ørsted and other companies, the economic development that could accompany the industry’s emergence here, and the challenges it faces in moving ahead.
Prior to joining Ørsted, Thomas was in the investment banking and venture capital business.
Since the US-Israeli bombing campaign began in Iran, energy markets around the world have been on edge as the conflict threatens immediate and long-term energy supplies. We’ve seen...
On February 28, the United States and Israel launched a campaign against Iran targeting military infrastructure and the regime's core leadership. Supreme Leader Ayatollah Ali Khamenei and several...
President Trump has aggressively used tariffs as an economic tool, but a US Supreme Court decision on Friday struck down his sweeping tariffs, bringing new uncertainty. The court,...
Under the second Trump administration, the US Department of Energy significantly shifted its priorities to align with its “energy dominance" agenda. But one significant point of continuity with...
On February 28, the US and Israel launched new attacks on Iran targeting primarily the country's leadership, security forces, and missile program.
Amid global oil and gas disruptions, China stands prepared for the electrostate era.
America needs a plan for Tehran's nuclear program.
The US-Israeli attack on Iran and Iran's retaliatory strikes against energy infrastructure directly impact China.
