Orsted CEO says US offshore wind targets still possible but not easy

The CEO of Orsted, the world's largest offshore wind developer, has said that U.S. President Joe Biden's plan to deploy 30,000 MW of offshore wind by 2030 is still possible but faces challenges. These challenges include rising costs, supply chain delays, financially fragile supply chains, uncertain policy frameworks, and more expensive capital. Offshore wind developers have called for more lenient rules and support from the government to ensure the success of offshore wind projects and the transition to renewable energy. Northeast states in the U.S. are particularly reliant on offshore wind to meet their clean energy targets.

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Frequently Asked Questions

Q: What are the US offshore wind targets?

A: The US offshore wind targets refer to President Joe Biden's plan to deploy 30,000 megawatts (MW) of offshore wind by 2030.

Q: Is it possible to achieve the US offshore wind targets?

A: According to the CEO of Orsted, the US offshore wind targets are still possible to achieve.

Q: Are there any challenges in achieving the US offshore wind targets?

A: The CEO of Orsted mentioned that achieving the US offshore wind targets is not easy.

Q: Who made the statement about the US offshore wind targets?

A: The statement about the US offshore wind targets was made by the CEO of Orsted.

Q: What company is the CEO of Orsted referring to?

A: The CEO of Orsted is referring to the company Orsted itself.