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The Sea-Monster-Sized Ship Disrupting Biden's Wind-Energy Dreams.

Authors :
Uberti, David
Wallace, Joe
Source :
Wall Street Journal - Online Edition. 12/15/2023, pN.PAG-N.PAG. 1p.
Publication Year :
2023

Abstract

The construction of the Charybdis, the first U.S.-made turbine-installation vessel, is facing delays and cost overruns, highlighting a shortage of crucial ships needed for offshore wind-energy projects. The Charybdis is intended to pick up turbine parts from U.S. ports, transport them to the ocean, and construct large windmills. However, the construction setbacks have led to a scramble for backup vessels and a limited pipeline for new ships. These supply-chain issues, along with inflation and interest-rate hikes, are impacting project schedules, returns, and the cost of offshore wind power in the U.S. The shortage of turbine-installation vessels is seen as a major obstacle to the growth of the offshore wind industry. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
174278518