October 29, 2020 — Orsted A/S, the world’s biggest offshore wind developer, expects four of its projects constituting about 2.8 gigawatts to be delayed beyond the expected 2023 and 2024 construction years, according to its interim financial report. Orsted’s explanation: it’s still waiting for clarity on the projects’ federal permitting process.
“We had expected to have received the notices of intent for the most progressed projects, but we can now see that will not happen before the election,” said Marianne Wiinholt, Orsted’s chief financial officer, on a call with reporters Wednesday. “We have to stand still for a period.”
The delay comes as offshore-wind proponents warn that limited resources at the U.S. Bureau of Ocean Energy Management are constraining development. But funding decisions — including whether to hire more staff to work through a backlog of wind project applications — fall to Congress, not the U.S. Interior Department agency.