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May 10, 2025
Ørsted pulls plug on major UK offshore wind project due to rising costs
Ørsted pulls plug on major UK offshore wind project due to rising costs
Danish energy company Ørsted has said it will discontinue the 2.4GW Hornsea 4 project ‘in its current form’ due to increasing supply chain costs, higher interest rates and construction risks.
Danish energy company Ørsted has said it will discontinue the 2.4GW Hornsea 4 project ‘in its current form’ due to increasing supply chain costs, higher interest rates and construction risks.
Tanya Weaverhttps://eandt.theiet.org/rssNewshttps://eandt.theiet.org/2025/05/08/orsted-pulls-plug-major-uk-offshore-wind-project-due-rising-costs
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