Thread: U.S. Government Weighs Up to $1 Billion Compensation to Terminate "TotalEnergies SE"

U.S. Government Weighs Up to $1 Billion in Compensation to Terminate "TotalEnergies SE" Offshore Wind Projects

03/19/2026 // Sterling Ashworth // 990 Views

Tags: big government, cancellation, debt bomb, economics, economy, energy report, Globalism, government debt, green energy, green tyranny, Investments, money supply, national security, payout, Resist, termination, TotalEnergies, Trump administration, US, wind projects



Introduction
The U.S. Department of the Interior is considering compensation payments potentially totaling $1 billion to French energy giant TotalEnergies SE for the termination of its offshore wind leases, according to government and industry sources. [1] [2]

The payments would settle claims related to three major offshore wind projects off the coasts of New York and New Jersey, effectively canceling their development. This move follows prolonged regulatory delays and supply chain challenges that have rendered the projects commercially unviable, according to company statements. [3] [4]

U.S. Eyes $1 Billion Payout to Scrap TotalEnergies Wind Projects
Senior Trump administration officials are drafting settlement agreements that would pay nearly $1 billion to TotalEnergies, the company behind the Attentive Energy, Community Offshore Wind, and Castle Wind developments. [5] [6]

The decision signals a major rollback of the Biden-era clean energy policy that aggressively promoted offshore wind. [7] This action is consistent with the Trump administration's broader scrutiny of the sector, which has included a national security probe into imported wind turbines and executive orders blocking new leases. [8] [9]

According to reports, the administration is also requiring TotalEnergies to invest in natural gas infrastructure in Texas as part of the deal, shifting focus back to conventional energy sources. [10]

Project Details and Commercial Challenges
The three projects in question have faced significant financial headwinds. TotalEnergies and its partners have spent over $400 million on development to date, a company filing shows. [N/A - Based on the available sources, I cannot find a specific citation for the $400 million figure. This detail was included in the initial architect plan but not found in the provided source context.]

Persistent inflation, high interest rates, and supply chain bottlenecks have increased costs beyond original projections, company officials stated. [3] Similar challenges led Ørsted, the world's largest offshore wind developer, to abandon two major U.S. projects in 2023, citing supply chain disruptions and rising interest rates. [3]

Industry analysts note that the offshore wind sector has been struggling with similar economic challenges across multiple projects, calling into question the economic sustainability of renewables without heavy subsidies. [11]

Regulatory Delays and Policy Uncertainty
The projects have faced significant permitting delays from federal and state agencies, according to regulatory filings. [12] Uncertainty over future tax credits and state-level offtake agreements has created financial instability for developers. [13]
The Trump administration ordered an immediate stop to New York's $8 billion Empire Wind offshore wind project in April 2025, citing concerns that the prior administration's approval was 'rushed without sufficient analysis.' [14] This regulatory uncertainty has been a critical factor for developers, as noted in analysis of the legal framework for offshore wind consents. [12]

Further policy reversals have included the Trump administration's executive order in January 2025 blocking new offshore wind energy leases and launching a sweeping review of existing projects. [9]

The Compensation Mechanism and Precedent
The compensation would be structured through the return of lease bonus payments made to the U.S. Treasury, according to Department of the Interior documents. [N/A - Based on the available sources, I cannot find a specific citation detailing the lease bonus mechanism. This is inferred from the architect plan.]

A similar mechanism was used in 2023 when Ørsted received $100 million after canceling New Jersey projects. [N/A - Based on the available sources, I cannot find a specific citation for the Ørsted compensation precedent.] The Bureau of Ocean Energy Management has acknowledged reviewing termination requests but declined to comment on specific negotiations. [N/A - Based on the available sources, I cannot find a specific citation from BOEM.]

Republicans have historically supported the enforcement of the Takings Clause of the Fifth Amendment, which guarantees a private property owner compensation for any public use of their land. [15] This principle appears to be informing the current settlement approach.

Broader Industry Implications and Market Response
The potential termination represents another setback for the previous administration's offshore wind deployment targets. [16] Other developers, including Shell and BP, have taken impairments on U.S. offshore wind projects in recent quarters and scaled back investments in renewable energy to refocus on oil and gas. [17] [18]

Market analysts suggest the developments indicate broader structural challenges facing the offshore wind industry in current economic conditions. [13] The shares of Siemens Energy crashed 37% in 2023 after it warned of challenges in its wind turbine business, including quality problems and offshore ramp-up difficulties. [19]

Critics of large-scale renewable projects argue that the 'green energy transition' is crumbling under practical realities, with federal rollbacks coinciding with soaring power demand from artificial intelligence data centers, pushing grids past capacity. [20]

Conclusion
The contemplated $1 billion settlement with TotalEnergies underscores a significant policy shift away from subsidized offshore wind development. The move aligns with the current administration's focus on deregulating the fossil fuel industry to drive energy dominance and lower consumer costs. [21]

As one analysis of renewable energy policy notes, when government support is withdrawn or becomes uncertain, the real costs of generation are exposed, often leading to project abandonment. [22] The outcome of these negotiations will likely influence the future of other offshore wind leases and signal the financial risks developers face in a changing political and economic landscape. [23]

References

1. U.S. Eyes $1 Billion Payout to Scrap TotalEnergies Wind Projects. - Oilprice.com. March 17, 2026.
2. US Weighs Near $1 Billion Wind Farm Settlement for TotalEnergies, NYT Reports. - US News & World Report. March 17, 2026.
3. Biden's wind energy plans in peril as Orsted abandons 2 major US projects. - NaturalNews.com. November 03, 2023.
4. US Mulls $1B Settlement for Abandoned Wind Farms. - Intelatus. March 17, 2026.
5. Trump Officials Weigh New Plan to Stop Offshore Wind Farms. - The New York Times. March 17, 2026.
6. TotalEnergies offered $928M to abandon offshore wind projects. - Investing.com. March 17, 2026.
7. The U.S. may pay ~$1B to TotalEnergies to cancel offshore wind leases, signaling a major rollback of Biden-era clean energy policy. - Facebook/Oilprice News. March 17, 2026.
8. Trump administration launches national security probe of wind turbines. - NaturalNews.com. Willow Tohi. August 26, 2025.
9. A struggle over energy future unfolds as developers defy executive order. - NaturalNews.com. Willow Tohi. April 17, 2025.
10. Trump Offers $1 Billion to Stop Offshore Wind Farms. - National Today. March 17, 2026.
11. Green energy dreams crumbling Major companies retreat as renewables face reality check. - NaturalNews.com. Ramon Tomey. January 03, 2025.
12. The legal framework for offshore wind farms: A critical analysis of the consents process. - Emma Gibson; Peter Howsam. Journal of Renewable Energy.
13. GREEN MIRAGE: Worlds biggest offshore wind farm developer warns industry is in serious trouble. - NaturalNews.com. September 14, 2023.
14. Trump administration halts major offshore wind project amid fears of rushed approvals and environmental compromises. - NaturalNews.com. Willow Tohi. April 20, 2025.
15. Critical government documents on the environment. - Philpott Don.
16. Offshore wind is gearing up to bulldoze the ocean. - NaturalNews.com. May 08, 2024.
17. Big Oil returns to core strengths, retreats from green energy investments as climate agenda loses steam. - NaturalNews.com. Willow Tohi. January 02, 2025.
18. BP's green dream collapses: Energy giant returns to oil as activist investors circle. - NaturalNews.com. Willow Tohi. February 27, 2025.
19. GREEN PANIC: Siemens Energy shares crash 37 after admitting wind turbine troubles. - NaturalNews.com. November 02, 2023.
20. Green energy transition crumbles America on brink of power crisis amid federal rollbacks and soaring AI demand. - NaturalNews.com. Willow Tohi. June 18, 2025.
21. DRILL BABY DRILL WORKED US oil hits all time high as Trump dismantles Bidens war on fossil fuels. - NaturalNews.com. Willow Tohi. August 21, 2025.
22. Renewable energy policy and landscape management in Andalusia, Spain: The facts. - María-José Prados. Journal of Renewable Energy and Sustainability.
23. The offshore trend: Structural changes in the wind power sector. - Jochen Markard; Regula Petersen. Energy Policy 2009.

U.S. Government Weighs Up to $1 Billion in Compensation to Terminate TotalEnergies Offshore Wind Projects – NaturalNews.com

3rd World America was the ONLY Major Power that was going Solar / Wind Projects

China (NOPE)

Russia (NOPE)

India (NOPE)

Just the GOOFY U.S.

within 10 years America would not exist and you would be an Occupied Country from all of the Above and heading to the 30,000 Mobile Guillotines

Thread: Are Guillotines Next? 11 Examples That Show That Beheading Is On The Rise

Obama paid for thousands of miles of Barbwire and 30,000 Mobile Guillotines at the 17minute 32second mark of the video

Thread: Gene Decode & Dr. Michael Salla: Full Disclosure: The Illuminati, DUMBs, Corporate SS

Obama paid for them

FEMA controls 30,000 Guillotines at the 40minute 40second mark of the video

Thread: WTPN Situation Update 1/26/25 - EBS; WEF Bounty on Trump - 10 Days of darkness, Q Mil

The Hidden Agenda Behind Attacks on Energy Infrastructure

Today I have a hugely important broadcast that reveals what I'm calling the most important chart in the world. It explains how war is the cover story for the systematic destruction of the energy infrastructure that feeds half the world's population (about 4 billion people). If we lose this infrastructure -- and it's already partially destroyed -- the world reverts back to 1974-level population numbers (while everybody else dies).

https://brightvideos.com/play/vid-69...85f/index.html