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US DOT Cancels $679M in Offshore Wind Funding, Shifts Priorities

KEY POINTS

  • The US DOT and MARAD withdraw or terminate funding for 12 offshore wind projects totaling $679 million.

  • Projects described as “wasteful wind projects” by the US Department of Transportation Secretary.

  • According to officials, the move shifts funding from renewable power to traditional energy, freight, port, and maritime infrastructure priorities.

The US Secretary of Transportation announced the cancellation of $679 million in previously awarded infrastructure grants, affecting 12 federally backed offshore wind projects.

As part of its review of discretionary grant programs, USDOT and its Maritime Administration (MARAD) identified projects that did not align with the administration’s priorities.

These projects were withdrawn from federal funding consideration according to the US Transportation Secretary announcement:

  • Sparrows Point Steel Marshalling Port Project, $47,392,500

  • Bridgeport Port Authority Operations and Maintenance Wind Port Project, $10,530,000

  • Wind Port at Paulsboro, $20,494,025

  • Arthur Kill Terminal, $48,008,231

  • Gateway Upgrades for Access, Resiliency & Development at the Port of Davisville Project, $11,250,000

  • Norfolk Offshore Wind Logistics Port, $39,265,000

  • Humboldt Bay Offshore Wind, $426,719,810

Total Withdrawn Funding: $603,659,566

Projects with terminated federal funding, according to the announcement:

  • Redwood Marine Terminal Project Planning, $8,672,986

  • Salem Wind Port Project, $33,835,953

  • Lake Erie Renewable Energy Resilience Project, $11,051,586

  • Radio Island Rail Improvements in Support of Offshore Wind, $1,679,604

  • PMT Offshore Wind Development, $20,000,000

Total Terminated Funding: $75,240,129

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Marshall Benveniste
Marshall Benveniste is a writer and Senior Content Marketing Manager at ConstructConnect with the Economics Group. Marshall has written on various topics for the construction industry, including strategies for building product manufacturers, artificial intelligence in construction, and data-driven decision-making. Before joining ConstructConnect in 2021, Marshall spent 15 years in marketing communications for financial services and specialty construction firms. He holds a PhD in organizational management.