UK Net-Zero Goal at Risk as Ørsted Cancels Offshore Wind Project
OilPrice
MAY 8, 2025
Denmark-based rsted, which won the contract to develop the 2.4GW Hornsea 4 offshore windfarm last year, said it took the decision due to supply chain costs, higher interest rates, and an increase in the risk to construct and operate Hornsea 4 on the planned timeline. The move marks the latest
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