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November 23, 2024

Offshore Wind Power

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New England States Delay Offshore Wind Solicitations
Delaying the solicitation “is crucial to encourage the most cost-effective bids for the benefit of Massachusetts ratepayers,” the Department of Energy Resources wrote.
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Offshore Wind: NY, NJ Collaborate to Boost Infrastructure, Supply Chain

Two states with some of the most ambitious offshore wind goals in the nation brought stakeholders together last week, trying to keep things on track in 2024.

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Offshore Wind: Analyst Addresses Industry’s Growing Pains
BloombergNEF offshore wind analyst Chelsea Jean-Michel said there's reason for optimism for the industry in the United States, once it overcomes its growing pains.
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Offshore Wind: Smaller Companies Help Get Steel in the Water off NY

Two very different New York companies explain their experience with offshore wind development.

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NJ Grid-scale Solar Projects Face BPU Scrutiny
The New Jersey Board of Public Utilities rejected one grid-scale solar project and supported another, as well as laying the ground work for its fourth offshore wind solicitation.
NYSERDA
Eversource Takes Hit of up to $1.6B on Offshore Wind

Eversource will take a fourth-quarter 2023 impairment of up to $1.6 billion due to the ongoing struggles of its offshore wind joint ventures with Ørsted.

BOEM
Impacts of Six Potential OSW Projects Previewed
Federal regulators have issued their first-ever environmental impact evaluation of multiple offshore wind lease areas.
NYPA
New York Scrambles to Maintain Momentum in Energy Transition

The groups charged with leading New York’s energy transition enter 2024 trying to build on momentum from in 2023 while recovering from its disappointments.

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Sweeping Reset Underway for NY Renewable Development

Contracts for renewable energy projects totaling more than 8 GW of capacity in New York have been canceled as developers scramble to get out of unprofitable deals and rebid at higher cost.

BOEM
Delaware Lays out Potential OSW Strategy
Delaware's environmental agency has proposed an offshore wind procurement strategy for the state.

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