RWE Ditches U.S. Offshore Wind, and That Should Scare Everyone ...Middle East

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RWE Ditches U.S. Offshore Wind, and That Should Scare Everyone
source : OILPRICE ( Middle East ) () 35
Germany's RWE just pulled the plug on its U.S. offshore wind business. Quietly. No fireworks, no headlines about thousands of turbines scrapped—just a dry admission that it's "halting activities" in American waters. For one of Europe’s biggest green energy giants to walk away from a market as large as the U.S., in the middle of an energy transition no less, is not just a business decision. It’s a red flag. The exit—confirmed by a speech manuscript published ahead of a yet-to-be-delivered speech by the company’s CEO—comes…

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