Ørsted presses pause on 2.4GW Hornsea 4 offshore wind project 'in its current form'

Michael Holder
clock • 5 min read
Hornsea One Offshore Wind Farm / Credit: Orsted
Image:

Hornsea One Offshore Wind Farm / Credit: Orsted

Major blow to government's clean energy plans, as leading offshore wind developer shelves project over rising cost concerns

Ørsted is pausing plans for a huge 2.4GW offshore wind project off the east coast of the UK, citing a range of market pressures including rising supply chain costs, higher interest rates, and increased...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Crown Estate accused of 'outrageous profiteering' over offshore wind leasing fees

Crown Estate accused of 'outrageous profiteering' over offshore wind leasing fees

Greenpeace issues fresh legal threat against land manager over uncapped fees charged to offshore wind developers that it argues risk undermining the UK's clean energy transition

Michael Holder
clock 01 October 2026 • 5 min read
Amazon inks Scottish wind farm deal with Statkraft

Amazon inks Scottish wind farm deal with Statkraft

New PPA takes Amazon's total investment in carbon free energy in the UK to more than £3bn over five years

clock 30 September 2026 • 3 min read
Study: Increases in offshore wind seabed leasing fees 'threaten UK energy security'

Study: Increases in offshore wind seabed leasing fees 'threaten UK energy security'

Crown Estate faces fresh scrutiny over the fees it charges to offshore wind developers, as study warns license regime risks pushing up costs and slowing the clean energy transition

Michael Holder
clock 28 September 2026 • 5 min read