New Energy

AI’s Power Needs Haven’t Boosted Offshore Wind, Orsted Says

  • ‘Worst is over,’ CEO says, citing improved supply chain
  • Offshore wind projects have struggled to take off in US
Orsted CEO on Sustainable Energy and AI's Power Needs
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Soaring AI-fueled demand for power across the US has yet to trickle down to the fledgling offshore wind industry, renewable energy giant Orsted A/S says.

“That is not yet a big power demand driver in offshore,” Chief Executive Officer and President Mads Nipper said on Bloomberg TV on Tuesday.