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Ørsted Cancels Hornsea 4 Wind Farm, Hurting UK’s Clean Energy Goals

5/7/2025

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Summary

Story summary

Ørsted has scrapped the Hornsea 4 offshore wind farm in the UK, a blow to the nation’s clean energy ambitions. Rising supply chain costs and interest rates have derailed plans to power over a million homes, casting doubt on the UK’s ability to meet its renewable energy targets by 2030.

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Story summary

Ørsted has scrapped the Hornsea 4 offshore wind farm in the UK, a blow to the nation’s clean energy ambitions. Rising supply chain costs and interest rates have derailed plans to power over a million homes, casting doubt on the UK’s ability to meet its renewable energy targets by 2030.