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Secretary Wright Discusses Offshore Wind Cancellations and $35 Million in Emerging-Technology Projects With Bartiromo

September 2, 2025 · U.S. Department of Energy · 0:10:09

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

Energy Secretary Chris Wright joined Maria Bartiromo on Fox Business on September 2, 2025, according to the Department of Energy video, as the administration cancelled nearly $700 million worth of offshore wind projects at ports nationwide and overhauled 12 major projects granted by the prior administration, as the program stated the action, including a Humboldt Bay, California project that had been getting more than $420 million in federal funding, as stated on the program.

Wright said no one would build projects like these without massive subsidies, mandates and expedited permitting, as he argued. On the Energy Department’s big pulled project, he said the parting with the utility developer was mutual — the developer knew the wind farm would never be built, so a transmission line for it would sit idle half the time and carry variable power the other half, making electricity more expensive, as he described it.

Wright attributed the prior push to ideology, citing Denmark, Germany and the United Kingdom, as he ranked them, as having the world’s most expensive electricity after leading on offshore wind — a race, he said, the United States does not want to win, preferring jobs, opportunity and low prices, as he put it.

Wright also discussed more than $35 million going to 42 projects advancing emerging energy technology from the national labs — for the grid, nuclear safety and security and similar areas — as he described the awards. He contrasted that $35 million with $500 billion cut in the One Big Beautiful Bill, as he stated the figure, including subsidies for wind.

Why it matters

The interview is the administration’s wind retrenchment in one segment: cancellations defended as mutual and cost-saving, with small lab awards offered as the alternative technology bet.

Sources: U.S. Department of Energy, “Secretary Wright Joins Maria Bartiromo on Fox Business — September 2, 2025”, 2025-09-02 (official upload, embedded above; published 2025-09-02). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.