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BP Exits US Wind, Masdar and Iberdrola Deal

BP Exits US Wind, Masdar and Iberdrola Deal

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 Alan Hall discusses Jupiter Bach's halted expansion, New York's offshore wind project delays, BP's exit from the US wind market, Maryland's permit defense, and a major clean energy deal in the UK and Germany. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! A major wind turbine supplier in Pensacola, Florida is scaling back expansion plans. Jupiter Bach, a Denmark-based company, is pausing hiring after passage of President Trump's energy bill. The company makes nacelle covers and other components for wind turbines. Plant manager Sean Guidry says the company had planned to grow its local workforce from two hundred forty to more than three hundred twenty employees next year. Now he says they see a more flat year. The policy shift comes after President Trump signed the One Big Beautiful Bill into law earlier this month. The legislation significantly shortens the eligibility window for wind and solar tax credits. Projects must now break ground by twenty twenty-six and enter service by twenty twenty-seven to receive full tax benefits. Previously, those credits were locked in through twenty thirty-two. Guidry says his company had planned an additional one point two million dollars of investments in their Pensacola plant this year. Now those investments are in question. The company supplies components directly to GE Vernova, whose nearby plant assembles complete nacelles for wind energy projects across the country. Guidry urges policymakers to view wind energy as key to U.S. manufacturing and energy independence. He warns that without reliable federal support, the United States could lose ground to China in fast-growing industries that depend on abundant, low-cost electricity. New York State has put the brakes on a major offshore wind project. The New York State Public Service Commission terminated its offshore wind transmission planning process. The commission cited stalled federal permitting as the reason. This halts plans to deliver up to eight gigawatts of offshore wind power into New York City by twenty thirty-three. Commission Chair Rory M. Christian says the uncertainty coming out of Washington forced the state to act. He says quote, "This is not the end. We'll move forward once the federal government resumes permitting." The commission cited recent federal actions halting new offshore wind leasing and permitting. Officials say those actions make short-term project execution unfeasible. Existing projects like South Fork Wind, Empire Wind and Sunrise Wind are unaffected and continue to move forward. The commission says it will apply lessons from this process to future planning. It's focusing on affordability, reliability and risk reduction. British oil giant BP is getting out of the wind business in America. The company announced Friday it's selling its entire U.S. onshore wind operation to LS Power. The sale includes wind farms spread across seven states with a combined capacity of one point seven gigawatts. BP did not disclose the sale price. But previous estimates valued the wind business at as much as two billion dollars. The sale is part of BP's twenty billion dollar divestment program announced in February. The company is streamlining its business and pivoting back toward fossil fuels to boost returns to shareholders. William Lin, BP's executive vice-president for gas and low-carbon energy, says green energy still has a role to play in the company's portfolio. But he says BP is no longer the best owner to take the wind business forward. The move comes as BP seeks to refocus on its core oil ...

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