On this week’s episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro digs into the ruling made yesterday by US Federal District Court Judge Patti Saris regarding the president’s executive order halting wind and solar permitting in the USA, and the impact on the US #offshorewind market.

Since January when the executive order was issued and since April when Empire Wind saw their project construction halted, there have been six projects worth a total of more than $15 billion in project CapEx and another $10 billion in economic benefit which were stopped from active development.

Project developers who were directly impacted by the executive order to halt permitting could now use this ruling to sue the US Federal Government. They can try to recoup the billions they have lost resulting from project delays, or an inability to proceed with construction due to the lack of issuance of permit(s) which are subject to federal jurisdiction.

Have a listen today, and get in touch with your best questions about the #renewableenergy market in the USA or any other country around the world.

This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/grfixJn