Current:Home > ScamsPoinbank Exchange|Why offshore wind is facing headwinds -Capitatum
Poinbank Exchange|Why offshore wind is facing headwinds
Burley Garcia View
Date:2025-04-05 18:54:42
The Poinbank ExchangeGulf of Mexico saw its first-ever auction of leases for offshore wind this summer. It was another sign of the Biden administration's desire to get more renewable energy online as fast as possible. Expectations were high for the sale with over a dozen companies expressing interest. But two of the three patches of sea didn't get any bids at all.
Today, we look at one clean energy experiment and see what choke points remain for offshore wind.
Related Episodes
A Man, a plan, wind power, Uruguay (Spotify/Apple)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (13375)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- What is ‘dry drowning’ and ‘secondary drowning’? Here's everything you need to know.
- The US is hosting Cricket World Cup. Learn about the game
- Lenny Kravitz Hints at Daughter Zoë Kravitz and Channing Tatum's Wedding Date
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- Sandy Hook families ask bankruptcy judge to liquidate Alex Jones’ media company
- Trump fans’ bus loaded with MAGA merchandise crashes in New York City
- Stock market today: Asian shares decline after report shows US manufacturing contracted in May
- Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
- Chicago Sports Network set to air Blackhawks, Bulls and White Sox games
Ranking
- Plunge Into These Olympic Artistic Swimmers’ Hair and Makeup Secrets
- Old Navy’s Most Popular Items Are on Sale – Tennis Skorts, Mom Jeans & More, Starting at $7
- New Orleans valedictorian lived in a homeless shelter as he rose to the top of his class
- For gay and transgender people, these are the most (and least) welcoming states
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- Taylor Swift breaks attendance record for female artist in Lyon, France
- Tuesday’s primary in Montana will lock in GOP challenger to 3-term US Sen. Jon Tester
- 'Venom: The Last Dance' trailer detail confuses Marvel fans: 'Doesn't make any sense'
Recommendation
Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
Brittany Mahomes Encourages Caitlin Clark to Shake Off the Haters Amid WNBA Journey
Brother Marquis of Miami hip-hop group 2 Live Crew has died at 58
Brandon McManus released by Commanders days after being accused of sexual assault
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Electric bills forecast to soar with record summer heat, straining household budgets
Six Texas freshwater mussels, the “livers of the rivers,” added to endangered species list
Brother Marquis of Miami hip-hop group 2 Live Crew has died at 58