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Ørsted Loses €1.5M Daily, Equinor Sets Empire Wind Deadline

Allen covers the deepening US offshore wind crisis as Ørsted reports losing €1.5 million daily on American projects and Equinor sets a January 16 deadline to resume or cancel Empire Wind. Meanwhile, onshore wind thrives with Invenergy’s 2GW Oklahoma project and AES repowering Buffalo Gap in Texas with Vestas turbines.

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Danish energy giant Ørsted said it is losing one and a half million euros on US offshore projects. Every. Single. Day. Norwegian company Equinor has drawn a line in the sand. January sixteenth. Resume construction on Empire Wind… or cancel the whole thing. 3.5 billion euros invested. Sixty percent complete. And now… a deadline. As we all know, the Bureau of Ocean Energy Management issued stop-work orders on December twenty-second. Just before Christmas. A gift nobody wanted. Ørsted has filed complaints. First on Revolution Wind. Then Sunrise Wind. Court documents reveal the Danish company stands to lose more than 5 billion euros if forced to abandon both projects. Meanwhile… President Trump signed an executive order withdrawing America from sixty-six international organizations. Many focused on energy cooperation. On climate. Ole Rydahl Svensson of Green Power Denmark calls it a sad development. But not surprising. Ole says America is abdicating from renewable energy… in favor of energy forms of the past. The empty seats will be filled quickly, he predicts. By China. By Europe. I personally get asked every week by my European friends, is US onshore wind also under attack?? I think the answer is not yet. While offshore wind projects sit paralyzed by federal orders… Out in the Oklahoma Panhandle… something different is happening. Invenergy is planning a three hundred wind turbine wind farm. Two gigawatts of power. Enough electricity for eight hundred fifty thousand American homes. According to recent filings the turbines will be supplied by GE Vernova. Invenergy already operates wind farms in ten Oklahoma counties. They’ve already built the largest single-phase wind park in North America outside of Oklahoma City. Four billion dollars of investment. Five hundred construction jobs. Thirty permanent positions. No stop-work orders. No court battles. No international incidents. And down near Abilene Texas, AES is repowering its Buffalo Gap wind farm – the existing 282 turbines will be replaced with 117 new Vestas V150 4.5MW turbines. $94 million in tax revenue for local counties and schools over its lifetime. It will also create 300 jobs during peak construction and 17 long-term operations jobs. So while the US oceans remain off-limits… While billions evaporate in legal fees and idle vessels… The wind industry continues to move forward. And that’s the state of the wind industry for January 12, 2026. Join us for the Uptime Wind Energy Podcast tomorrow.

Ørsted Loses €1.5M Daily, Equinor Sets Empire Wind Deadline