Offshore Wind Power
© RTO Insider LLC
The floating offshore wind projects envisioned for the West Coast will require a much more robust supply chain and system of ports, according to industry officials speaking at Oceantic Network’s Floating Offshore Wind Port and Vessel Summit.
Dominion Energy
Dominion Energy reported earnings of $2 billion in 2023 and announced that it has closed on an equity partner for its Coastal Virginia Offshore Wind project.
Worldview Films
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
Friends of Sears Island
Sears Island on Maine’s central coast is the preferred site for a port to support the offshore wind farms state leaders hope will be built nearby.
Ørsted
The industry gyrations of 2023 have put near-term U.S. offshore wind goals out of reach, but the sector will rebound, its trade organization reports.
EIA
The U.S. Energy Information Administration reports that fossil fuel generation retirements will slow in 2024 and that solar and storage will dominate capacity additions.
Pacific Northwest National Laboratory
Researchers have activated a new array of sensors off the New England coast to gather information that could improve the design and operation of wind energy generators.
South Fork Wind
Eversource finalized its long-running attempt to sell off its offshore wind assets, but not soon enough to avoid a $1.95 billion impairment for 2023.
BOEM
Federal regulators have finalized two Oregon wind energy areas they hope someday will host floating wind turbines with a combined capacity of up to 2.4 GW.
NYSERDA
The world’s leading offshore wind developer announced that it is pulling out of some smaller markets but reiterated its commitment to construction and operation in U.S. waters.
Want more? Advanced Search