Ørsted has sued the US authorities after the Trump administration ordered work on the offshore wind turbine project Revolution Wind to be halted shortly before Christmas. According to court documents from a US district court in Washington DC, Ørsted is currently losing DKK 32 million per week while the project, of which the Danish energy company owns half, is at a standstill. At the same time, the company risks a significant loss of billions if Revolution Wind is abandoned altogether. It is written Berlingske.
"Revolution Wind has already spent or committed approximately 5 billion dollars on planning, permitting, development and construction of the project. If the project is canceled, Revolution Wind will incur over 1 billion dollars in costs for winding down, which corresponds to a total loss of over 6 billion dollars," the legal documents say. Since Ørsted owns 50 percent of the project, this corresponds to a potential loss of around 19 billion kroner for the company.
Revolution Wind was close to completion when the project was stopped. According to the legal documents, 87 percent of the work done, 58 out of 65 wind turbines have already been erected and the cables have been installed. The project was scheduled to begin delivering electricity in January 2026. The Trump administration has justified the halt on national security grounds. Ørsted states in its complaint that Revolution Wind has obtained all necessary permits and that these should not be able to be withdrawn at such a late stage in the project.
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