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Danish firm Orsted has launched a lawsuit against the administration this week for preventing work on its offshore wind project when it was 80 per cent complete. The market instability is making companies rethink investments in the technology, Climate Energy Finance director Tim Buckley says. “We’ve just had a reality check from Trump destroying offshore wind in the US,” he says. “Offshore wind is going to be a very financially challenged proposition here in Australia.” Read more

Climate Capital Forum member Satya Tanner in Port Stephens News of the Area new site, on the importance of communities remaining engaged in consultation on offshore wind in Australia. Read more

Offshore wind offers an option to supply large, stable electricity for major energy consumers and regional employers, making it a valuable component, particularly as we move to and beyond 82 per cent renewables. It also can help reframe, power and rebuild Australian regional communities, giving people a say through public consultation, partnering with First Nations, and different ways of asset ownership. Wind executive and Climate Capital Forum member Satya Tanner and CCF strategic comms lead Amanda Caldwell explain. Read more