Assertion from American Council on Renewable Power (ACORE) President & CEO Ray Lengthy on the Cease-Work Order Affecting the Revolution Wind Offshore Wind Challenge:
“The Trump Administration’s determination to halt the Revolution Wind venture off Rhode Island is a very damaging mistake. It is a venture that’s almost full, totally permitted, and already placing 2,500 folks to work and delivering billions in personal funding to the area. It was months away from offering inexpensive clear electrical energy to a whole lot of 1000’s of properties and companies within the Northeast. Pulling the plug sends a chilling sign to buyers and builders that the U.S. can’t be relied upon to honor its commitments, even when tasks are 80% constructed.
“The results for shoppers and the financial system are severe. ISO New England has been clear: with out tasks like Revolution Wind, the area faces heightened dangers of energy outages and additional stress on already excessive electrical energy prices. Delaying this venture threatens reliability, raises power payments for households and companies, and undermines financial development – together with the flexibility to draw new industries like information facilities.
“This motion additionally weakens America’s competitiveness. Whereas China outspends us four-to-one on new power and transmission infrastructure to energy its AI-driven financial system, the U.S. is stopping a totally permitted, privately capitalized venture that will strengthen our power safety. That could be a harmful path. Buyers, staff, and ratepayers deserve higher.
“ACORE urges the Administration to right away reverse course, permit Revolution Wind to maneuver ahead, and restore the coverage certainty important to America’s clear power future.”
