United States: TotalEnergies Signs Agreements with U.S. Department of Interior to End its U.S. Offshore Wind Projects
totalenergies.com
Washington DC, March 23, 2026 – TotalEnergies has signed settlement agreements with the United States Department of the Interior (DOI) to relinquish its Carolina Long Bay lease (Lease OCS-A 0545) and its New York Bight lease (Lease OCS-A 0538), both awarded in 2022, along with its partners. As a result, TotalEnergies will no longer develop offshore wind projects in the United States.

cross-posted from: https://lemmy.ca/post/62291882

LNG means higher natural gas prices for Americans as it is exported to other more profitable markets. Less wind means needing more fossil fuel powered electricity, also raising electricity and heating costs.