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European energy exec bullish on offshore wind, partly thanks to Trump

 Ørsted Power Station, situated at Sydhavnen in Copenhagen
Ørsted Power Station, situated at Sydhavnen in Copenhagen. Photo: Klaus Gnnter J÷rgenshaus/Getty Images

Danish company Ørsted, whose North American President Thomas Brostrøm spoke at The Atlantic Council Thursday, is among numerous firms bidding for government-administered wind leases offshore America’s mid-Atlantic coastlines.

Why it matters: Offshore wind is a rare renewable energy the Trump administration is actively supporting. There’s currently only one offshore wind farm in the U.S., off Rhode Island.